Swiggy IPO allotment: Step-by-step guide to check status

Swiggy IPO allotment: Investors can check their allotment status by logging in to the BSE website or the registrar Link Intime India's portal.

In Short

• IPO subscribed 3.59 times overall by November 8
• Price band set at Rs 371-390 to raise Rs 11,327 crore
• Check allotment via BSE or Link Intime websites

The allotment for the initial public offering (IPO) of Swiggy Limited will be finalised on Monday, November 11, after having seen decent interest from investors.

Swiggy IPO was subscribed 3.59 times overall by November 8. The retail category saw a subscription rate of 1.14 times, indicating moderate demand from individual investors. However, the qualified institutional buyer (QIB) segment drew stronger interest, with subscriptions reaching 6.02 times. The non-institutional investor (NII) category witnessed a lower subscription level of 0.41 times.

Bengaluru-based Swiggy opened for subscription with a price band of Rs 371 to Rs 390, aiming to raise Rs 11,327 crore through the Initial Public Offering (IPO), comprising a fresh issue of shares worth Rs 4,499 crore and an Offer for Sale (OFS) component amounting to Rs 6,828 crore.

Investors who have bid for Swiggy IPO can check their allotment status online. They can log in to either the Bombay Stock Exchange (BSE) website or the website of Link Intime India Private Ltd, the registrar for the issue.

HOW TO CHECK ALLOTMENT STATUS FOR SWIGGY IPO

If you’ve applied for the Swiggy IPO, you can check your allotment status online in a few simple steps:

STEPS TO CHECK ALLOTMENT THROUGH THE BSE WEBSITE

Go to the BSE website by clicking here.

Click on 'Equity'.

Choose 'Swiggy Limited' from the list.

Put in your application number and PAN card ID.

Confirm that you're not a robot and submit.

STEPS TO CHECK ALLOTMENT THROUGH LINK INTIME LIMITED

Visit the Link Intime India Private Ltd website.

Select 'Swiggy Limited'.

Choose the Application Number/Demat Account/PAN option and enter the details.

Enter the Captcha.

Click on the 'SUBMIT' option.

LATEST GMP FOR SWIGGY IPO

The latest Grey Market Premium (GMP) for the Swiggy IPO stands at Rs 1 as of 8:28 AM on November 11, 2024.

With an issue price band set at Rs 390, the estimated listing price for Swiggy IPO shares is around Rs 391, which includes the cap price plus today's GMP. Based on this projection, the anticipated gain per share is approximately 0.26%, indicating a modest potential return for early investors.

Swiggy shares are set to be listed on the exchanges next week, on November 13, Wednesday.