How Big is the Swiggy IPO Opportunity? Expert's Take on Whether to Subscribe or Steer Clear

#SwiggyIPO #StockMarket #Investment #SwiggyNews #ipoalert
Swiggy's much-anticipated IPO opens for subscription on November 6, 2024, with a book-built issue totaling ₹11,327.43 crores. The offering includes a fresh issue of ₹4,499 crores, and an offer for sale comprising of worth ₹6,828.43 crores. Retail investors can participate with a minimum application of 38 shares, requiring a ₹14,820 investment, while larger investors (sNII and bNII) can subscribe with minimum investments of ₹207,480 and ₹1,007,760, respectively.  Mark your calendars for the allotment announcement on November 11, 2024, and listing on the BSE and NSE on November 13, 2024. Don’t miss Business Today TV's special coverage with Karan Taurani, SVP at Elara Capital, who breaks down Swiggy’s IPO fundamentals, valuation, and how it compares to Zomato, helping you decide if this IPO deserves a spot in your portfolio. 
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