The drop comes after a decent debut, closing at Rs 455.95 the previous day, marking a 10.67% rise from its initial listing price.

Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor investors by selling 315.13 million shares.

Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 shares worth ₹6,

Swiggy share price had a positive launch on the stock exchanges today (Wednesday, November 13). On the NSE, Swiggy's shares started trading at ₹420 each, marking a 7.69% increase from the issue price of ₹390.

The issue, which opened on November 6, was subscribed 3.6 times the shares on offer driven by institutional investors on the third and final day.