Swiggy Limited Share Price Today: Stock Rises on ₹10,000 Crore QIP Buzz, BofA Upgrade — Latest News, Targets, and Outlook (12 Dec 2025)
Swiggy shares rose about 4% to ₹417–₹420 on December 12, 2025, amid heavy trading after the company launched a ₹10,000 crore qualified institutional placement. Most QIP bids reportedly clustered near ₹375 per share, signaling a discount to the market price. The offer drew strong demand, with reports citing 4.5 times subscription from major investors. Swiggy set a floor price of ₹390.51 for the placement.
