While big ticket offerings have seen relatively muted responses, India’s IPO market has been buoyant, with about 290 companies raising nearly $14 billion so far this year, roughly twice the amount raised in all of last year, LSEG data showed.

Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.

India's Initial Public Offering (IPO) market has seen a historic surge in 2024, raising an unprecedented ₹1.19 lakh crore. The remarkable growth is due to strong investor demand, fueled by excess liquidity and robust returns from recent IPOs.

(Reuters) - The portion reserved for institutional investors in Indian food and grocery delivery firm Swiggy's $1.4-billion initial public offer was fully subscribed on the final day of the sale. With about three-quarters of the issue set aside for ...

Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food delivery firm launches a $1.35 billion IPO that will be India's second-largest stock offering this year.