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Swiggy IPO subscribed 3.59 times on final day of bidding, QIB portion subscribed over 6 times
The IPO, aiming to raise approximately Rs 11,300 crore, included a fresh issue of Rs 4,500 crore and an Offer for Sale (OFS) of Rs 6,800 crore, with the price band set at Rs 371-390 per share.
By 
Markets Desk                        
                    
 
                  
Swiggy IPO GMP: Sharp decline in GMP ahead of issue opening, Rs 14 upside expected as of current GMP
According to market platforms that track grey market activities, Swiggy's shares are currently trading at a GMP of just Rs 14, indicating a premium of over 3 percent over the expected issue price.
By 
Markets Desk                        
                    
 
                  
 
                  
Ahead of listing today, Nomura initiates Buy call on Hyundai India, sets target price for stock at Rs 2472
Nomura has initiated coverage on Hyundai India (HMI) with a 'Buy' rating and a target price of ₹2472, ahead of the company's listing today.
By 
Markets Desk                        
                    
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
 
                  
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