Swiggy's market cap crosses Rs 1 lakh crore on debut; shares surge 12%

The company’s market capitalisation has soared past the Rs 1.02 lakh crore mark after the surge. After it opened on November 6, Swiggy’s initial public offering saw a strong demand , with an overall subscription of 3.6 times the shares on offer, largely driven by institutional investors on the final day.
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