<ul><li>Shares of Swiggy made their stock market debut today (November 13), listing at INR 420 on the NSE, a premium of nearly 8% from its IPO issue price of INR 390 per share.</li><li>The IPO of Swiggy was oversubscribed 3.59X, receiving bids for 57.53 Cr shares as against 16.01 Cr shares on offer.</li><li>Swiggy's early backers, Tencent, Alpha Wave, Goldman Sachs Asia, and others divested their stakes in the IPO, earning substantial returns.</li><li>Swiggy's founders and employees are set to make significant gains from the IPO, with some employees becoming 'crorepatis'.</li></ul>

Swiggy Shares Make Debut On Bourses; List At 8% Premium

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