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Zomato Welcomes Swiggy's Debut on NSE, Share Priced Rs 420 About 8% Premium Over IPO Price

  • Swiggy made a strong debut on the NSE with shares listed at a premium of 7.69% over the IPO price.
  • The initial market capitalization stood at Rs 89,549.08 crore, reflecting strong investor interest.
  • Despite the positive listing, Swiggy's shares experienced volatility, declining nearly 5% after listing.
  • Zomato has welcomed Swiggy's debut in the stock market, showing friendly competition.

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