Swiggy IPO allotment status has been finalized, and investors can now check the status online on the registrar Link Intime India’s website, as well as on NSE and BSE platforms. The IPO saw strong interest from investors, with an oversubscription rate of 3.59 times. Qualified Institutional Buyers (QIBs) led the demand with a subscription of 6.02 times, while retail investors subscribed 1.14 times and Non-Institutional Investors (NIIs) subscribed 41%.
How to Check Swiggy IPO Allotment Status Online
On Link Intime India:
- Visit the Link Intime India IPO page: Link Intime IPO Status.
- Select “Swiggy Ltd” from the ‘Select Company’ dropdown.
- Enter your PAN, IPO application number, or Demat account number.
- Click on “Submit” to view the allotment status.
On NSE:
- Open the NSE allotment status portal: NSE IPO Allotment.
- Register if you are a new user or log in if you are an existing user.
- Select “Swiggy Ltd” from the list of companies.
- Enter your PAN and IPO application number.
- Click on “Submit” to view the allotment status.
Shares Credit and Listing Date
- Credit to Demat Accounts: Shares will be credited to the allottees’ Demat accounts by Tuesday, November 12.
- Refunds for Unsuccessful Investors: Refunds will be initiated on the same day for investors who did not receive shares.
- Listing Date: Swiggy shares are expected to list on the NSE and BSE on Wednesday, November 13, at 10 am.
IPO Details
The Swiggy IPO, with a price band of ₹371-₹390 per share, aimed to raise ₹11,327 crore. This includes ₹4,499 crore through fresh equity and ₹6,828 crore through an offer for sale.
Investors are advised to keep an eye on the listing date for potential trading opportunities, as Swiggy’s IPO marks a significant entry into the public market.