#SwiggyIPO: Key Highlights Swiggy's #IPO debuted at ₹412 per share, a 5.64% rise from its issue price of ₹390. The IPO was oversubscribed 3.59 times, and shares surged 15.12% on the first trading day, reaching ₹449. Swiggy's market cap now exceeds ₹1 lakh crore. The IPO also made 500 employees millionaires by unlocking ₹9,000 crore in stock options. #CEO Sriharsha M. is optimistic about strong growth over the next 3-5 years, focusing on expanding Instamart and enhancing technology. Array of Zero https://lnkd.in/dAtATR9B #Journalism #TechNews #BusinessNews #TechTrends #Startups