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Swiggy IPO Allotment Status: Easy Steps to Track Your Allocation

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Swiggy IPO Allotment Status: Easy Steps to Track Your Allocation
11 Nov 2024
5 min read

News Synopsis

The allotment for Swiggy Limited's Initial Public Offering (IPO) is set to be finalized on Monday, November 11, following strong interest from investors.

Swiggy IPO Subscription Overview

As of November 8, the Swiggy IPO was subscribed 3.59 times overall. The retail category received moderate interest with a subscription rate of 1.14 times. The Qualified Institutional Buyer (QIB) category, however, saw a stronger response, being subscribed 6.02 times, while the Non-Institutional Investor (NII) segment experienced a lower subscription rate of 0.41 times.

Swiggy IPO Pricing and Offer Details

Swiggy's IPO was priced between Rs 371 to Rs 390, with the company aiming to raise Rs 11,327 crore. The IPO includes a fresh issue of shares worth Rs 4,499 crore and an Offer for Sale (OFS) portion of Rs 6,828 crore.

How to Check Swiggy IPO Allotment Status

Investors who participated in Swiggy's IPO can easily check their allotment status online. The status can be checked via the Bombay Stock Exchange (BSE) website or Link Intime India Private Ltd, the registrar for the issue.

Steps to Check Allotment via BSE Website

  1. Visit the official BSE website.

  2. Select 'Swiggy Limited' from the list.

  3. Enter your application number and PAN card ID.

  4. Verify you're not a robot and submit.

Steps to Check Allotment via Link Intime India Website

  1. Visit the Link Intime India Private Ltd website.

  2. Select 'Swiggy Limited'.

  3. Choose the option (Application Number/Demat Account/PAN) and enter the required details.

  4. Complete the Captcha verification and click 'Submit'.

Latest Grey Market Premium (GMP) for Swiggy IPO

As of 8:28 AM on November 11, 2024, the Grey Market Premium (GMP) for Swiggy's IPO stands at Rs 1. Given the IPO's cap price of Rs 390, the anticipated listing price for Swiggy shares is around Rs 391, indicating a modest potential return of approximately 0.26%.

Swiggy IPO Listing Date

Swiggy shares are set to be listed on the stock exchanges on November 13, 2024 (Wednesday).

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