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Swiggy IPO: Issue gets 3.59 times subscribed buoyed by QIB interest, muted demand from NIIs
- Swiggy IPO received 3.59 times subscription driven by QIB interest.
- Qualified institutional buyers (QIBs) oversubscribed by 6.02 times.
- Retail investors subscribed 1.14 times, while NIIs subscribed only 41% of shares.
- Swiggy plans to raise around Rs 11,700 crore in its IPO and start trading on November 13.
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