Swiggy Shares Make Debut on Bourses, Open At Premium

Mumbai, September (Alayaran.com): The shares of Swiggy Ltd, India's leading food and grocery delivery company, began trading on the Bombay Stock Exchange (BSE) today, listing at a premium. The company made its market debut with an initial public offering (IPO) price of Rs 390 per share.

In early morning trade, the shares opened at Rs 412 apiece on the BSE, before falling to an intraday low of Rs 390.85 and touching a high of Rs 419.95. The NSE was also abuzz with activity as Swiggy shares listed at Rs 420, marking a gain of 7.69 per cent from the IPO price.

The shares were priced at a premium of 5.64 per cent to the initial public offering (IPO) price of Rs 390 per share on the BSE. This is evident of strong investor interest in the company's listing.