Swiggy IPO share allotment: How to check your allotment status online

The IPO opened on November 6 and closed on November 8, with a price band set between ₹371 to ₹390 per share. While retail investors subscribed to 0.97 times their portion, Qualified Institutional Buyers (QIBs) took a more active role, subscribing to 1.52 times the shares on offer.

Swiggy, which has reported annual net losses since its inception, continues to experience negative operational cash flow.

Steps to Check Your Swiggy IPO Allotment Status Online:

Option 1: Check via BSE Website

1. Visit the official BSE website.
2. Select “Swiggy” from the dropdown menu.
3. Enter your application number or PAN number to view your allotment status.

Option 2: Check via Registrar (Link Intime India)

1. Go to the Link Intime India website.
2. Choose “Swiggy IPO” from the list.
3. Enter your PAN number and click “Search” to see your allotment status.

Overview of Swiggy IPO Subscription:

Swiggy’s IPO was met with considerable interest, with the total subscription surpassing three times the shares offered.

How Swiggy Plans to Use IPO Proceeds:

The proceeds from Swiggy’s IPO will be directed toward key initiatives, including:

• Subsidiary Investment: A portion will be allocated to fund Scootsy, Swiggy’s subsidiary.
• Tech and Infrastructure: Investments will be made to upgrade technology and strengthen cloud infrastructure.
• Brand Promotion: Swiggy aims to enhance its brand visibility and carry out promotional activities over the next 4-5 years.

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