Swiggy ACME IPO Price: Big entry of Swiggy and ACME Solar IPO today, know till when you can bid…

Swiggy ACME IPO Price: Today, 2 Initial Public Offers i.e. IPOs have opened for listing in the stock market. These include Swiggy Limited and ACME Solar Holdings Limited.

Investors can bid for both these IPOs till November 8. On November 13, shares of both the companies will be listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Let us know about the IPOs of these two companies one by one.

1. Swiggy Limited

Swiggy wants to raise Rs 11,327.43 crore through IPO. For this, the company is issuing 11,53,58,974 new shares worth Rs 4,499 crore. Whereas, the existing investors of the company are selling 17,50,87,863 shares worth Rs 6,828.43 crore through Offer for Sale i.e. OFS.

Retail investors can bid for a maximum of 494 shares

Swiggy Limited has fixed the price band of IPO at ₹371-₹390. Retail investors can bid for a minimum of one lot i.e. 38 shares. If you apply for 1 lot at the upper price band of IPO at ₹390, you will have to invest ₹14,820 for it.

At the same time, retail investors can apply for a maximum of 13 lots i.e. 494 shares. For this, investors will have to invest ₹ 192,660 as per the upper price band.

2. ACME Solar Holdings Limited

ACME Solar Holdings wants to raise a total of ₹2,900 crore through IPO. For this, the company is issuing 82,871,973 new shares worth ₹ 2,395 crore. At the same time, the existing investors of the company are selling 17,474,049 shares worth ₹ 505 crore through Offer for Sale i.e. OFS.

Retail investors can bid for a maximum of 494 shares Swiggy ACME IPO Price

ACME Solar Holdings has fixed the IPO price band at ₹275-₹289. Retail investors can bid for at least one lot i.e. 51 shares. If you apply for 1 lot at the upper price band of IPO at ₹289, you will have to invest ₹14,739 for it.

At the same time, retail investors can apply for a maximum of 13 lots i.e. 663 shares. For this, investors will have to invest ₹ 191,607 as per the upper price band.