Tag: swiggy ipo date

Swiggy likely to price $1.35 billion IPO at ₹371-390/share: report

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Swiggy has in recent weeks cut its internal valuation goal twice by a combined 25% due to volatility in the Indian stock markets. File. | Photo Credit: Reuters Food delivery giant Swiggy will likely price its $1.35 billion domestic initial public offering, which opens next week, at ₹371-390 per share, sources with direct knowledge of…

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Swiggy cuts IPO valuation again, to $11.3 billion, BlackRock and CPPIB to invest: report

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Swiggy, backed by SoftBank and Prosus, was concerned to avoid a tepid response to its relatively large IPO, coming amid global uncertainty. File. | Photo Credit: Reuters Food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre debut…

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