Swiggy began at Rs 420 per share on the NSE, a 7.69% increase from its IPO price of Rs 390

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Swiggy's IPO was 3.6 times oversubscribed, with Rs 4,499 crore of fresh issue

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The company has an offer for sale (OFS) of 17.51 crore shares worth Rs 6828 crore at a price range of Rs 371-390 per share

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Prosus, Accel, Elevation, Tencent, and other investors have made significant investments in Swiggy

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Prosus invested Rs 9,055 crore ($1.07 Bn) in Swiggy and made a total of Rs 26,927 crore ($3.2 Bn) in the IPO, resulting in a $2.12 billion profit

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Tencent invested Rs 1,343 crore and earned Rs 3,166 crore, resulting in a 2.35X return

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SoftBank and Tencent invested approximately Rs 6,743 crore ($800 million) and Rs 3,165 crore ($377 million), respectively

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Swiggy has a market capitalization of Rs 99,745 crore ($11.87 billion) and is presently trading at Rs 445.45 per share

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This is an 18.4% increase from the previous valuation of $10 billion at the time of filing the draft red herring prospectus

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Swiggy's main competitor, Zomato, has a market capitalization of $27.23 billion, which is more than double Swiggy's current market cap

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