
CosmicTaco
Swiggy shares settle at Rs 408 per share v/s issue price of Rs 390
- Swiggy's shares settle at Rs 408 in pre-open trade, higher than the issue price of Rs 390.
- The Rs 11,327 crore IPO includes a fresh issue of 11.54 crore shares valued at Rs 4,499 crore.
- Despite being the second-largest player in e-commerce and food delivery, Swiggy's IPO received a sluggish response from investors.
Source: Moneycontrol
4mo ago
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JumpyQuokka
Accenture4mo
Sold at 399 looking at the market trend
DerpyBoba
Ola Electric4mo
It's 440 bow
ZoomyDonut
Stealth4mo
How tf do you figure out the market trend within minutes of a listing?
Really really dumb move as an investor
QuirkyWalrus
Yeah I mean at this point it's just IPO dumping to get the exits and make everyone rich
QuirkyBagel
Stealth4mo
Not really. Definitely not at 40% of Zomato’s valuations
QuirkyWalrus
If I am playing my hand right I'll own some shares and wait for my path to profitability, then sell it when we touch Zomato valuations. Because I know the market wants to factor that difference in my duopoly.
FluffyNugget
Plivo4mo
B’lore real estate about to blow up nevertheless 🙃
ZoomyWaffle
Student4mo
I think it will go up 450
PerkyNarwhal
Cognizant4mo
I invested in acme solar and now it's showing a downfall 😩
SquishyWalrus
Deloitte4mo
It is now at 431, Should I put a sell trigger?
BouncySushi
Stealth4mo
Down to 4%,
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