Swiggy's ₹11,000-crore IPO subscribed 12% on Day 1

Swiggy's over ₹11,000-crore IPO was subscribed 12% on the first day of the bidding (November 6). The portion reserved for retail investors saw 54% subscription, while the portions for employees and non-institutional investors received 74% and 6% subscriptions, respectively. Shares of the food delivery platform will be listed on stock exchanges next week.