According to stock market experts, Swiggy's positive debut should be seen as strong demand for the company. They advised lucky allottees to hold the scrip for the long term, whereas fresh investors should wait for some profit booking. Macquarie and JM Financials have also initiated coverage on Swiggy shares.

Considering the latest GMP at Rs 0 and the upper price band of the IPO Rs 390, if the shares of Swiggy are to be listed today, it would have been listed at Rs 390 only, indicating no gain or loss for the investors.

Swiggy Ltd had set a price band of Rs 371-390 per share for its Rs 11,300 crore initial public offering. The offer consisted of a fresh issue of Rs 4,499 crore and an offer-for-sa

The Swiggy IPO allotment is complete, allowing investors to check their allotment status online through the BSE and NSE websites or on Link Intime India’s portal, the IPO’s official registrar. Swiggy,