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Deepinder Goyal congratulates Swiggy
In a kind gesture, Zomato CEO Deepinder Goyal congratulated rival Swiggy on its successful debut on the Indian bourses, NSE and BSE.
"Congratulations @.swiggy! Couldn't have asked for a better company to serve India with..," Goyal said in a post on X, tagging another post by Zomato which said, "You and I... In this beautiful world @.Swiggy".
Congratulations @swiggy!
— Deepinder Goyal (@deepigoyal) November 13, 2024
Couldn't have asked for a better company to serve India with. https://t.co/ZgU5tIt1pW
Swiggy responded to Zomato's post by saying, "it’s giving jai and veeru 😎✨"
The company's shares listed at Rs 420 on NSE, a premium of 7.7% over the issue price of Rs 390. Meanwhile, on BSE, the Bengaluru-based company's shares listed at Rs 412, up 5.64% from IPO price.
The IPO was open for subscription from November 6 to November 8. The shares were priced in the range of Rs 371-390 per share for the issue.
The Bengaluru-based company's IPO was a combination of fresh issue of 11.54 crore shares aggregating to Rs 4,499.00 crore and an offer for sale of 17.51 crore shares aggregating to Rs 6,828.43 crore.
Recently, Zomato rolled out a new feature called "Food Rescue," allowing nearby customers to snap up cancelled orders at discounted prices.
Zomato co-founder and CEO Deepinder Goyal highlighted the gravity of the problem in a recent post on X (formerly Twitter), noting that the goal is to minimize waste and redirect food to those who can use it.
"Cancelled orders will now pop up for nearby customers, who can grab them at an unbeatable price, in their original untampered packaging, and receive them in just minutes," Goyal wrote.