According to stock market experts, Swiggy's positive debut should be seen as strong demand for the company. They advised lucky allottees to hold the scrip for the long term, whereas fresh investors should wait for some profit booking. Macquarie and JM Financials have also initiated coverage on Swiggy shares.

Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor investors by selling 315.13 million shares.

Swiggy's share price dipped over 3% on its second day of trading on Thursday. On the Bombay Stock Exchange (BSE), shares of the Bengaluru-based food delivery giant fell 3.07% to Rs 441.95 around 11:12 am.

Swiggy's IPO debuted with an 8% premium, drawing mixed views from analysts. Macquarie sees downside risk, while JM Financial is bullish on future growth, despite profitability concerns.

Swiggy Stocks Today, Swiggy IPO Listing Highlights 13 Nov 2024: Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,

Swiggy shares made a decent debut on the stock exchanges, beating grey market estimates as they began trading on the NSE with a 7.69% premium above their IPO price of Rs 390, opening at Rs 420. On the BSE, the stock debuted at Rs 412, marking a 5.64% premium.