Bengaluru-based Swiggy is selling its shares in the price band of Rs 371-390 apiece. Investors can apply for a minimum of 38 shares and its multiples thereafter.

For many, this IPO was seen as a test of whether the market still has an appetite for large first-time share sales after Hyundai Motor India Ltd.’s record $3.3 billion offer had a less-than-stellar debut. Swiggy’s offering also came at a time when ...

The initial public offering (IPO) of Swiggy Limited has garnered a tepid response from investors, with the subscription level reaching only 35% on the second day of bidding. On the first day, the issue was subscribed at 12%.