Swiggy's IPO 12% subscribed after Day 1 of bidding

Swiggy's IPO 12% subscribed after Day 1 of bidding

Photo: Livemint

Food and grocery delivery firm Swiggy‘s $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail investors placing orders for more than half the shares reserved for them in India’s second-largest IPO of 2024.