The allotment of Swiggy’s maiden offer is to finalised today. The initial public offering (IPO) worth Rs 11,327 crore received 3.59 times subscriptions in a three-day window between November 6-8, 2024.

Investors who placed bids for the issue will be able to find out the allotment status of their subscriptions on Monday. Individuals can check this on the official website of the registrar, Link Intime Private Limited. To verify the IPO status, applicants will require the application number or PAN details.

How To Check Allotment Status

Additionally, the allotment status can also be seen on the registrar's website. Here is the step-by-step guideline to check the maiden listing’s status.

• Open link to the official registrar’s website at https://linkintime.co.in/initial_offer/
• Select the company from the dropdown menu.
• You can opt to provide details such as PAN, client ID, or application number to check the status.
• Press Submit and your bid details will be displayed in the window.

The application status can also be seen on the BSE website. Take a look at the detailed steps for the process.

• Go to the BSE’s website and investors application window at https://www.bseindia.com/investors/appli_check.aspx
• In Issue type, select Equity, and in Issue Name, select Swiggy Limited in the options.
• Either enter the Application number or PAN card and click Search to verify the status.

Swiggy IPO GMP Today

The issue is expected to make a debut in the stock market on Wednesday, November 13. However, the latest Grey Market Premium (GMP) indicated a weak listing for the IPO. 

The GMP recently ranged from Rs 1-2 for the issue, pointing out to a flat listing expected for the food delivery and quick commerce firm. This highlighted concerns in the market regarding the firm’s profitability.

The grey market represents an unofficial market that runs parallet to the stock market and allows investors to place trades before the issue gets listed officially.