Swiggy IPO: GMP rises before launch, will it be right to invest?

The IPO of online food delivery giant Swiggy is going to open from 6 November 2024. There has been a stir in the gray market regarding this public offer. According to market sources, Swiggy's unlisted shares are trading at a premium of Rs 20, which is above its upper price band of Rs 390 (…).

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