Swiggy initial public offer fully subscribed on third day of share sale

The initial public offer of food delivery and quick-commerce major Swiggy got fully subscribed on the third day of the share sale on Friday.

The Rs 11,327-crore initial share sale received bids for 40,59,18,888 shares against 16,01,09,703 shares on offer, translating into 2.54 times subscription, as per NSE data till 1418 hours.

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