Swiggy IPO: GMP at 5% in unlisted market 3 days ahead of issue opening
04 November 2024
The grey market premium (GMP) of Swiggy stood at 5% or Rs 19 in the unlisted market three days ahead of its initial public offering (IPO), which will hit the Street on November 6 and will be available till November 8.
However, a month ago, Swiggy shares were trading at Rs 515 in the unlisted market.
The company has fixed a price band of Rs 371-390 per share for the IPO, which means that the investors are willing to pay about Rs 409 for one share of the company.
The grey market premium (GMP) of Swiggy stood at 5% or Rs 19 in the unlisted market three days ahead of its initial public offering (IPO), which will hit the Street on November 6 and will be available till November 8.
However, a month ago, Swiggy shares were trading at Rs 515 in the unlisted market.
The company has fixed a price band of Rs 371-390 per share for the IPO, which means that the investors are willing to pay about Rs 409 for one share of the company.
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