Tue Nov 12 05:50:00 UTC 2024: ## Swiggy IPO Allotment to be Finalized on Monday, November 11th

**New Delhi, November 10th** – The much-anticipated Swiggy Initial Public Offering (IPO) allotment will be finalized on Monday, November 11th. Investors can check their allotment status on the IPO registrar portal, Link Intime India.

To access their allotment information, investors will need to visit the Link Intime India website, select Swiggy from the company list, and provide their Application Number, Demat Account, or PAN. They can then select ASBA or non-ASBA as their application type and complete the captcha.

Alternatively, allotment status can also be checked on the websites of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

**Swiggy IPO Subscription Status**

The IPO, which opened for public subscription on Wednesday, November 6th, closed on Friday, November 8th with a subscription rate of 3.59 times. The price band was set between ₹371 and ₹390 per share.

The company aimed to raise ₹11,327.43 crore through a fresh issue and an offer for sale (OFS). The share percentage allocated to qualified institutional buyers (QIBs) got oversubscribed 6.02 times, while retail individual investors (RIIs) subscribed by 1.14 times.

**Listing and Refund Details**

Swiggy is expected to list on the stock exchange on Wednesday, November 13th. For investors who are not allocated shares, the refund process will begin on Tuesday, November 12th.

The grey market premium (GMP), which was ₹1 today, is expected to decrease, with the minimum being ₹0 and maximum being ₹25.

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