Swiggy IPO Day 2: Subscription at 35%,Retail subscription at 84%

Swiggy IPO subscription, the offering has reached a 35% subscription level. The retail segment an 84% subscription rate, while the qualified institutional buyers (QIB) portion is at 28%.

Non-institutional investors have subscribed 14%, and the employee category has been oversubscribed at 1.15 times.

The IPO price range is set between ₹371 and ₹390 per share, with Swiggy aiming to raise around ₹11,327 crore in total.

  • Overall subscription: 35%
  • Retail segment: 84%
  • QIB segment: 28%
  • Non-institutional investors: 14%
  • Employee category: 115%

IPO Details:

  • Price range: ₹371 – ₹390 per share
  • Total issue size: ₹11,327 crore
  • Fresh issue: ₹4,499 crore
  • OFS: ₹6,828 crore