Sunday, November 10, 2024

Swiggy IPO: Price band set at ₹371-390 per share; check GMP, issue details, more

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The Swiggy Limited IPO price band has been fixed in the range of 371 to 390 per equity share of the face value of 1. The Swiggy IPO date of subscription is scheduled for Wednesday, November 6, and will close on Friday, November 8. The allocation to anchor investors for the Swiggy IPO is scheduled to take place on Tuesday, November 5.

The floor price and the cap price are 371 times and 390 times the face value of the equity shares. Since company has incurred loss in financial year 2024 based on restated consolidated financial information, the basic and diluted EPS is negative, and hence, the price to earnings ratio is not ascertainable.





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