New Delhi, May 13 -- Swiggy share price slumped over 7% in early trade on Tuesday as the mandatory IPO lock-in period for pre-IPO investors expired in the previous session. Swiggy shares plunged as much as 7.33% to Rs.297.00 apiece on the BSE.
Swiggy shares came under selling pressure as the six-month lock-in period for non-promoter, pre-IPO investors expired on May 12, 2025. Approximately 83% of Swiggy's shareholding, equivalent to 189.75 crore equity shares, became eligible for trading today, May 13.
The total value of locked-in shares of Swiggy was estimated at around Rs.62,000 crore.
It is to be noted that the expiry of the lock-in period does not necessarily mean that the shares will be sold. It just means that the shares will be ...
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