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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…
1 min read
Rival Zomato's CEO congratulates Swiggy on stock market listing
Swiggy got listed at Rs 420, a jump of nearly 8 per cent from the issue price on the NSE.
PTI
2 mins read
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…
2 mins read
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 …
1 min read
India’s biggest IPOs by issue size
India’s biggest IPOs by issue size
3 mins read
Swiggy sets IPO price band between Rs 371-390/share; offer likely to open on November 6th. Here's all you need to know
The offer will conclude on November 8, and the listing is tentatively scheduled for November 13, 20…
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…
2 mins read
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…
2 mins read
Karnataka announces cess on transactions conducted through aggregator platforms such as Swiggy, Zomato, Uber and more
The government of Karnataka has announced to impose new cess on transactions conducted through aggr…
1 min read
Zomato posts Q4 consolidated net profit at ₹175 crore
Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…
PTI
2 mins read
NVIDIA and Reliance Industries to build AI computing infrastructure in India
NVIDIA CEO Jensen Huan at the NVIDIA AI Summit India announced a partnership with Mukesh Ambani-led…
2 mins read
Synology introduces new enterprise solutions, reports significant growth in India
Taiwanese storage solutions provider Synology has launched its new enterprise-level solution bluepr…
4 mins read
Startups with small profit pools should think twice before launching their IPOs
There’s a new word that has entered the lexicon of startups – profitability. During the pandemic, w…
4 mins read
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 …
3 mins read
The IPO road to wealth: Successful IPOs propel entrepreneurs into the rich list
The IPO market has been shining for the last one year with stellar debuts and listing gains. That c…
1 min read
As Zomato shares crash for the second day, Jefferies recommends long-term investors to buy it
"Zomato is now unloved, having underperformed peers ytd. Blinkit acquisition elongates path to prof…
4 mins read
India needs to review how it wants to extract tax from Zomato and Swiggy
India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…
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…
2 mins read
IPO fundraising in India halves in 2022
Forty Indian corporates raised ₹59,412 crore through main board IPOs in the calendar year 2022, hal…