Shivani Nyati, Head of Wealth at Swastika Investmart, stated, “Considering the current market conditions, the subscription and listing performance may face additional challenges. Investors should evaluate Swiggy’s long-term growth prospects in relation to its current profitability issues, making this IPO more suitable for those willing to take on higher risk and with a longer investment horizon.
Swiggy IPO: A compelling bet on hyperlocal commerce? Analysts weigh in – Business StandardSwiggy IPO Live Updates: Check GMP, price band, subscription, allotment status, and other things – Financial ExpressSwiggy IPO: Will it join the league of Hyundai, LIC & Paytm as GMP signals muted listing gains? – Business TodaySwiggy IPO opens today: Is it worth subscribing? All you need to know – India TodaySwiggy IPO opens today with strong brokerage support for long-term gains – Zee BusinessSwiggy's IPO faces uncertain market conditions ahead of subscription opening – The New Indian Express