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.

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.

Swiggy's shares were listed in the stock market on Wednesday at a price of Rs 420 with a premium of 7.69 per cent.

Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 per cent on day two of trading on Thursday. The stock tumbled 5.72 per cent to ₹ 429.85 apiece on the BSE. During the day, it lost 8.18 per cent to ₹ 418.65.

Swiggy’s share price had a positive debut on the stock exchanges today, Wednesday, November 13. The stock opened at ₹420 on the NSE, a 7.69% premium over its issue price of ₹390. On the BSE, Swiggy shares opened at ₹412,

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,