Zomato chief executive officer Deepinder Goyal took to social media to congratulate rival food delivery platform Swiggy on its stock market debut on Wednesday. The Sriharsha Majety-led company listed on the bourses with an 8% premium over its IPO price.

According to the company's draft red herring prospectus (DRHP), Prosus invested nearly Rs 9,055 crore ($1.07 billion) in the online food platform and made Rs 26,927 crore ($3.2 billion) in IPO, thus netting a $2.12 billion profit from its investment.

Prosus, the consumer internet behemoth and Naspers subsidiary, says it unlocked $2 billion (about R36 billion) in value after the listing of Indian food delivery giant Swiggy on Wednesday.

Swiggy Share Price Updates : बीते दिन एनएसई (NSE) पर स्विगी के शेयर 7.69 प्रतिशत की बढ़त के साथ 420 रुपये पर शुरुआत की और अंत में यह 16.92 प्रतिशत की बढ़त के साथ 456 रुपये पर बंद हुआ.

1. Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own? | Stock Market News  Mint
2. Zomato CEO congratulates Swiggy on IPO debut: Couldn't have asked for ...  The Times of India
3. Swiggy tops expectations with best major listing in a decade  The Economic Times
4. `You And I In This Beautiful World`: Zomato`s Tweet On Swiggy`s Stock Market Listing Is Winning Hearts Onli...  Zee News
5. How Swiggy’s IPO Has Made Hundreds Of Its Employees Crorepatis | Explained  News18

1. SENSEX rises over 100 points, NIFTY50 trades above 23,600; Eicher Motors climbs over 6%, Swiggy up 5%  Upstox
2. Stock Market LIVE Updates: Sensex, Nifty erase gains, trade flat; mid, samllcaps shine  Moneycontrol
3. Sensex Today | Stock Markets Live Update: Sensex, Nifty turn red after giving up opening gains, Eicher up 7%  CNBCTV18
4. Stock Market LIVE Updates: FMCG, Oil, financial stocks drag Sensex 200pts to 77,500; Nifty at 23,500  Business Standard
5. Eicher Motors leads Indian shares higher at the open  Mint

1. Swiggy shares in red a day after making an impressive debut with 7% gains  Moneycontrol
2. Zomato CEO congratulates Swiggy on IPO debut: Couldn't have asked for ...  The Times of India
3. Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own?  Mint
4. Swiggy tops expectations with best major listing in a decade  The Economic Times
5. `You And I In This Beautiful World`: Zomato`s Tweet On Swiggy`s Stock Market Listing Is Winning Hearts Onli...  Zee News

Homegrown ride-sharing platform Rapido registered a net loss of Rs 371 crore last fiscal (FY24) from Rs 675 crore in FY23.

The government on Tuesday asked the e-commerce food business operators (FBOs) to adopt practices to ensure minimum shelf life of 30 per cent or 45 days before expiry at the time of delivery to the consumer, to strengthen food safety standards within the e-commerce sector.

Swiggy got listed at ₹420, a jump of nearly 8% from the issue price on the NSE

The stock listed at ₹420 on India's National Stock Exchange, compared to its issue price of ₹390

Investors keenly comparing Swiggy to its main competitor, Zomato, which has already experienced two years in the stock markets

Swiggy poises to create 70 new dollar millionaires, post listing, as employees stand to benefit

Swiggy Stocks Today, Swiggy IPO Listing Highlights November 13, 2024: Swiggy IPO Listing Live Status

Swiggy shares list at ₹420 on NSE, and at ₹412 on BSE.

1. Swiggy IPO makes 500 employees 'crorepatis'; unlocks ₹9,000 cr worth of ESOPs  The Hindu
2. Swiggy Share Price & IPO Listing Highlights: Swiggy shares surge 10% after listing at premium on NSE, BSE  BusinessLine
3. Maruti drives in ‘next generation’ Dzire at Rs 6.8 lakh  The Times of India
4. Swiggy's dollar millionaires: 70 employees to pocket over $1 million each as company delivers IPO  Moneycontrol
5. Swiggy delivers best major listing in 10 years  The Economic Times

1. Zomato welcomes rival Swiggy on Dalal Street  The Economic Times
2. Swiggy's dollar millionaires: 70 employees to pocket over $1 million each as company delivers IPO  Moneycontrol
3. Swiggy shares surge 17% on debut, market capitalization exceeds Rs 1 lakh crore  The Times of India
4. Swiggy Share Price & IPO Listing Highlights: Swiggy shares surge 10% after listing at premium on NSE, BSE  BusinessLine
5. Swiggy's IPO debut sees strong gains, but competition challenges loom  Business Standard

Swiggy IPO Share Price: शेयर बाजार में बुधवार को एक नए शेयर की एंट्री हुई. ऑनलाइन फूड डिलीवरी कंपनी स्विगी का शेयर बीएसई और एनएसई पर लिस्ट हुआ है. स्विगी का शेयर एनएसई पर 7.69 फीसदी के प्रीमियम पर 420 रुपए

Swiggy ने लिस्टिंग के पहले दिन ही निवेशकों को तगड़ा मुनाफा करा दिया है. शेयर सुबह प्रीमियम पर लिस्टिंग के बाद और चढ़ा. कमजोर बाजार में भी शेयर करीब 11 फीसदी की बढ़त के साथ बंद हुआ. यह इश्यू प्राइस के

At the NSE, shares of the firm made the market debut at ₹420, a jump of 7.69%

Swiggy IPO makes 500 employees crorepatis, unlocking ₹9,000 crore in ESOPs, with shares listing at a premium

In August, Flipkart senior vice president of category and marketplace Amitesh Jha joined Swiggy as the chief executive of Instamart, while Dhruvish Thakkar, a senior director at Flipkart Epharma, moved to Swiggy the following month as assistant vice-president of Dineout – its dining out vertical.

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents showed.

Swiggy's IPO, set to be the largest tech offering since Paytm in 2019, is expected to unlock Rs 9,000 crore in employee stock ownership, creating hundreds of crorepatis among its 5,000 current and former employees.

Food delivery giant Swiggy debuted on the stock market with a premium over its IPO price, despite ongoing financial losses. Analysts expressed caution, citing market volatility and the company's negative earnings, while acknowledging its revenue growth. Swiggy plans to use the IPO proceeds for investments in subsidiaries, technology, and marketing.

On its listing day, brokerage firms - Macquarie and JM Financial - became the first ones to initiate coverage on the debutant but came out with polar opposite views. Macquarie's initiating coverage report gave it an underperform rating with a target price of Rs 325, which indicates downside potential of 17% from IPO issue price of Rs 390.

Going by the draft papers, the company plans to utilise proceeds from the fresh issue for investing in technology and cloud infrastructure; brand marketing and business promotion; and debt payment; and funds will also be allocated for inorganic growth and general corporate purposes.

Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability. The stock listed at 420 rupees ($4.98) on India's National Stock Exchange, compared to…

Shares of Indian food delivery giant Swiggy rose nearly 8% on their trading debut Wednesday after its IPO became the country's second largest this year. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday, pricing its shares at 390 rupees apiece. The IPO…

Shares of Indian food and grocery delivery firm Swiggy debuted 7.7% higher in pre-open trade on Wednesday.

The viral video of ice cube pakoras has received 6.2 million views.

In 2021, Zomato shared a similar creative on social media after it went public.

1. Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance at IPO listing ceremony  Hindustan Times
2. Zomato gives ‘Jai and Veeru’ vibes with special meme for rival Swiggy on IPO day  Hindustan Times
3. JM Financial gives Swiggy its first 'buy' tag, sees 20% upside from IPO price  Moneycontrol
4. Swiggy IPO: 9 execs who will become richer by Rs 50 crore or more  The Times of India
5. ‘You and I…’: Zomato welcomes Swiggy on Dalal Street post stock market listing  India Today

Raising deep concern over the partnership between Swiggy Instamart and PharmEasy for a rapid drug delivery model, the All India Organization of Chemists and Druggists (AIOCD) has apprised the Drug Controller

Swiggy IPO continued to see a tepid response from investors on the second day of bidding on Thursday. The Rs 11,327 crore IPO was subscribed 0.35 times or 35 per cent on the second day.

1. Swiggy Share Price Live Updates: Stock makes a positive debut, opens with 7.69% premium at ₹420 on NSE; check GMP | Stock Market News  Mint
2. Swiggy shares list at 8% premium over IPO price  The Economic Times
3. ‘You and I…’: Zomato welcomes Swiggy on Dalal Street after stock market listing  India Today
4. Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance at IPO listing ceremony  Hindustan Times
5. Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut  Mint

Swiggy: स्विगी अपनी पेशकशों में बदलाव लाने के लिए एक अहम कदम उठाते हुए, भारतीय डिलीवरी दिग्गज और ज़ोमैटो अपने ट्रैडीशनल फूड और किराना डिलीवरी की सीमाओं से आगे निकल रहे हैं। स्विगी 'येलो' नामक एक नए सेवा बाज़ार के साथ

भारत में लोग खाने के बहुत शैकीन हैं। कई लोग तो उदासी में, खुशी में, गम में, हर चीज का अंत खाने से ही करते हैं। साल 2022 खत्म होने वाला है। स्विगी ने साल 2022 का अपना ईयर

Swiggy IPO Listing Date: आईपीओ बाजार में ऑनलाइन फूड डिलीवरी कंपनी स्विगी के आईपीओ का जबरदस्त माहौल है. अलॉटमेंट के बाद शेयर कल 13 नवंबर को एक्सचेंज पर लिस्ट होगा. लिस्टिंग से पहले ग्रे मार्केट में तगड़ा एक्शन देखने को मिल

Association writes to DCGI to review impact of such partnerships

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd said that a cautious approach needed for the Swiggy IPO. 

The ₹11,327-crore IPO of Swiggy will value the company at a market cap of ₹87,000 crore and enterprise value (EV) of ₹78,000 crore

The investigation was initiated after a complaint from the National Restaurant Association of India

BlackRock and Canada Pension Plan Investment Board will invest in the $1.4 billion IPO, which will be the country’s second-biggest stock offering this year

Swiggy is expected to list its shares on November 13

Swiggy plans to use most of the proceeds of the offer to invest in expansion of its dark stores for its quick commerce business Instamart

The Competition Commission of India (CCI) investigation finds Zomato and Swiggy breached competition laws with exclusive deals favoring restaurant chains