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Swiggy IPO likely between November 6-8, 2024. Here's all you need to know

Notably, Swiggy's rival Zomato, which recently reported a staggering 389% YoY jump in its net profi…

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3 mins read

Swiggy's IPO set to open tomorrow. Should you subscribe?

Food delivery giant Swiggy's IPO, valued at Rs 11,327 crore, opens tomorrow with a muted grey marke…

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Swiggy makes a grand debut, stock surges 10% on first day of listing

Food delivery giant Swiggy debuted on the Indian stock market with its shares listing at a premium …

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Swiggy IPO subscribed to 2.13 times on last day of the offer

Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims…

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Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns

While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…

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Hyundai Motor India's shares jump 5% on second day, making up for dull debut

Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. Th…

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3 mins read

Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO

​​In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with r…

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Swiggy IPO likely in November, looking to raise Rs 11,000 crore; Rahul Dravid, Karan Johar bite into pre-IPO pie

The firm is likely to raise around Rs 11,000 crore, which will include a fresh issue of Rs 5,000 cr…

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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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3 mins read

FPI's holdings are up by ₹16,990 crore since the inclusion of govt bonds in JP Morgan Index

The Foreign Portfolio Investors (FPIs) are responding positively on inclusion of Indian government …

ANI   


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Block deal bonanza for investors as bull run continues

Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …

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3 mins read

Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors

Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…

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4 mins read

With Zomato rallying over 25% in the past month, street looks at the road ahead

Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…

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Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates…

PTI   


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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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4 mins read

The street is not 'Blinking' on Zomato anymore

Zomato has delivered more than profits to the table in the first quarter. It’s a rare new-age compa…

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2 mins read

Footwear brand Bacca Bucci fails to hook investors at Shark Tank India

The homegrown Indian footwear brand 'Bacca Bucci' failed to impress the sharks in the new episode o…

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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Zomato’s customers are happy, but investors are not

Online food delivery firm Zomato’s loss is finally declining, but that is not enough to please inve…