Swiggy IPO gets 3.5x bids, led by institutional investors amid weak market sentiment
The ₹11,327-crore initial public offering (IPO) of food delivery platform Swiggy made it through the fully subscription line on the final day of the sale with institutional investors leading the response charts.
The share float received bids for 5.7 crore shares against 1.6 crore shares on offer, translating into 3.59 times subscription.
