Swiggy IPO Day 3: Issue Subscribed 95.42% So Far

On the third day of its IPO, Swiggy's issue has been subscribed to 95.42%. The strong response reflects investor confidence in the company's business model and growth prospects. Swiggy's IPO aims to raise significant capital to fund its expansion plans, enhance technology, and diversify its service offerings. The high subscription rate indicates robust demand from both institutional and retail investors. This milestone is a testament to Swiggy's market leadership and potential for future growth, positioning it well in the competitive food delivery industry.