Swiggy IPO day 3: Institutional investor portion fully subscribed, overall subscription at 79%
The institutional investor portion of Swiggy’s $1.4-billion initial public offering (IPO) reached full subscription on the final day of the sale on Friday, though the overall subscription stood at 79 per cent. The IPO set aside almost three-quarters of its allocation for institutional investors, while the retail investor portion remains partially unsubscribed.Swiggy’s IPO garnered a […]