Swiggy IPO
Food Delivery/Quick Commerce - Listed on 13 November 2024
Swiggy IPO listing summary
Swiggy (Food Delivery/Quick Commerce) closed its IPO window in 2024 and listed on NSE and BSE on 13 November 2024 at an upper band issue price of Rs 390, opening at Rs 420 for a listing gain of +7.7% and closing day one at Rs 456 (+16.9% on closing basis). The IPO was subscribed 3.59x overall - QIB 6.02x, HNI/NII 0.41x, Retail 1.14x. The total issue size was Rs 11,327.43 Cr (Fresh Issue Rs 6828.43 Cr, OFS Rs 4499 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Swiggy IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 18 | 0.00% |
| Day 2 | Rs 15 | +1.79% |
| Day 3 | Rs 10 | +2.56% |
| Day 4 | Rs 7 | +3.85% |
| Day 5 | Rs 0 | +4.62% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Swiggy IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Swiggy IPO - FAQs
What was the listing gain of Swiggy IPO?
Swiggy IPO listed at +7.7% versus the upper issue price of Rs 390 on 13 November 2024.
How many times was Swiggy IPO subscribed?
Swiggy IPO was subscribed 3.59x overall. QIB portion was subscribed 6.02x, HNI / NII 0.41x and Retail 1.14x.
What was the IPO GMP for Swiggy?
IPO GMP started at Rs 18 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.