After the subscription of Swiggy IPO is closed, now the allotment of shares is to be done on 11 November (Monday). This means that the investors who have subscribed to this IPO will be able to find out whether they have been allotted shares of Swiggy IPO or not? Investors who applied for this IPO will be able to check the share allotment status tomorrow. This IPO was open for subscription from 6 November to 8 November.

This IPO of about ₹11,327.43 crore has received a great response from investors. November 8 was the last day of subscription. This IPO has been subscribed a total of 3.59 times. In this, qualified institutional bidders (QIBs) vs 6.02 times and non-institutional investors (NIIs) have subscribed 41%. Retail category investors have subscribed 1.14 times this IPO. Investors

waiting for share allotment can check it on the website of the exchanges and the website of the official registrar for IPO. How will you be able to check allotment on BSE?


 

• 1. Open BSE IPO Allotment Status page.
• 2. Select Equity as the issue type here.
• 3. Select Swiggy Ltd from the drop down menu.
• 4. Enter your IPO application number or PAN number.
• 5. Now you can see the allotment status by clicking on Search.

How to check allotment status on Registrar's website?
 

• 1. First of all go to the official website of Link Intime https://www.linkintime.co.in/.
• 2. Go to the main menu on this website and click on the Investor Services link and select Public Issues.
• 3. Select Swiggy Ltd from the list of IPOs.
• 4. Here choose one of the options from PAN, Application Number, DP/Client ID or Account Number/IFSC.
• 5. Now after entering the details, click on Submit, after which you will see the allotment status.

Swiggy IPO status can also be checked on the NSE website after registration. The shares of Swiggy will be transferred to the demat accounts of the investors who will be allotted shares in this IPO on November 12. Swiggy is likely to be listed on NSE and BSE on November 13.

About Swiggy IPO
Through this IPO, Swiggy is raising a total of ₹11,327.43 crore, of which 115,358,974 will be a fresh issue and its value will be around ₹4,499 crore. Apart from this, the promoters will also sell 1,75,987,863 equity shares through Offer-for-Sale i.e. OFS and its value is around ₹6,828.43 crore. The price band for this IPO has been fixed at ₹381 - ₹390 per share. Investors have bid for a lot of minimum 38 shares. The price of one lot was ₹14,739.

The book running lead managers for the Swiggy IPO are Nuvama Wealth Management Limited, ICICI Securities Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited and Motilal Oswal Investment Advisors Limited.

This company, which opened in 2014, does food delivery business under the agreement of 2,00,000 restaurants across the country. Zomato is the main competitor of Tata Group's BigBasket company.