The drop comes after a decent debut, closing at Rs 455.95 the previous day, marking a 10.67% rise from its initial listing price.

Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor investors by selling 315.13 million shares.

Niva Bupa shares make a decent stock market debut on exchanges after a heathy subscription of 1.80 times to its Rs 2,200-crore issue.

Swiggy share price had a positive launch on the stock exchanges today (Wednesday, November 13). On the NSE, Swiggy's shares started trading at ₹420 each, marking a 7.69% increase from the issue price of ₹390.

Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 shares worth ₹6,

The issue, which opened on November 6, was subscribed 3.6 times the shares on offer driven by institutional investors on the third and final day.