Swiggy IPO anchor allocation opens today: all you need to know
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ET reported on October 31 that the public issue attracted strong interest from investors, with its $600-million anchor book oversubscribed 25 times, attracting bids worth $15 billion.
Key dates
The IPO subscription will start on November 6 and close on November 8. The anchor book will close today. Swiggy had filed its red herring prospectus on October 29.
Price band, valuation
Swiggy set a price band of Rs 371-390 per share. This values the company at as much as $11.3 billion, up from $10.7 billion at its last funding round in 2022. Listed rival Zomato has a market capitalisation of $26 billion.
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