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Swiggy IPO fully subscribed on Day 3; GMP declines to 0.2%. Check details
Swiggy launched its IPO with a reduced valuation of $11.3 billion, down from its initial target of approximately $15 billion. Through this issuance, the company aims to raise around Rs 11,300 crore, which includes a fresh equity sale of Rs 4,499 crore and an offer for sale (OFS) of 17,50,87,963 equity shares.
