Swiggy IPO allotment status: How to check details online via registrar, BSE

Swiggy IPO got fully subscribed on the final day of subscription on Friday.

Swiggy shares are likely to be allotted to successful bidders on November 11 after the Rs 11,327-crore initial public offer (IPO) got subscribed 3.59 times in a three-day window between November 6-8.

The initial share sale got bids for over 57.53 crore shares against 16 crore shares on offer. Swiggy shares will be listed on the exchanges on November 13, Wednesday.

Those who subscribed to the maiden share sale by the food delivery and quick-commerce major can check their allotment status on the official website of the registrar, Link Intime India Private Limited, using their application number or PAN details.

Swiggy IPO allotment status can also be checked on the BSE website.

Swiggy IPO allotment date today: Steps to check share allotment status on Link Intime

Step 1: Open the link to the official registrar of the issue on this URL: https://linkintime.co.in/initial_offer/

Step 2: Select the company from the dropdown menu.

Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.

Step 4: Press the Submit button

Step 5: Your allotment status will be shown in the window.

Swiggy IPO allotment status check on BSE

Step 1: Open the website of Bombay Stock Exchange (BSE).

Step 2: Click on 'Investors' option.

Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.

Step 4: Click on 'Application Status Check'.

Step 5: Select Equity in the issue type.

Step 6: Fill in the required details including the 'Issue Name'.

Step 7: Enter your PAN number and click on Search to view the status.

Swiggy IPO Day 3: Rs 11,300 crore issue subscribed 3.59 times; retail, QIBs booked 6x

Swiggy IPO GMP Today Price

Swiggy shares are expected to make a muted debut on Wednesday amid a weak trend in the grey market. The food delivery platform’s shares have seen a consistent decline in the grey market premium amid broader market concerns and apprehensions over the company’s path to profitability.

IPO Watch and Investor Gain which track they grey market premium activities, reveal that Swiggy shares are commanding a GMP in the range of Re 1-2 in the unofficial market, pointing to a flat listing. This comes as a marked drop from November 1, when shares were commanding a GMP of Rs 18, translating to a moderate gain of 4.62 percent.

The IPO debut also coincides with a period of caution in the market, with factors such as urban demand slowdown and foreign investor outflows impacting investor sentiment

Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank and State Bank of India. Benchmark BSE Sensex declined by 55.47 points or 0.07 per cent to settle at 79,486.32. During the day, it tanked 424.42 points or 0.53 per cent to 79,117.37. The NSE Nifty dipped 51.15 points or 0.21 per cent to 24,148.20.

Swiggy, the Bengaluru-based food and grocery delivery giant, had set a price range of Rs 371-390 per share for its initial public offering (IPO), valuing the company at around Rs 95,000 crore at the upper end of the band.

Swiggy ranks as the second-largest player in India’s food and grocery delivery sector, following Zomato. Within the food delivery segment, Swiggy holds a 34 percent market share, while Zomato leads with 58 percent, according to recent brokerage estimates. In the quick commerce segment, Zomato’s Blinkit commands a market share of approximately 40-45 percent, with Swiggy’s Instamart trailing at an estimated 20-25 percent.