Swiggy IPO opens for subscription. GMP at 3%. Should you invest?
Swiggy's IPO, valued at $11.3 billion, opened for subscription with a price band of Rs 371-390 per share. The company aims to raise Rs 11,300 crore through the issue, which closes on November 8. Analyst opinions are divided due to Swiggy's current losses, but some see long-term potential in the expanding food delivery market.
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