đź’¨ Abstract

Indian food delivery firm Swiggy's $1.4 billion IPO is expected to see modest demand from retail investors due to a cooling stock market and a modest grey market premium. The IPO, which opened for bids on Nov. 2, aims to raise a valuation of $11.3 billion after cutting it twice to avoid a "bad" debut.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io