New Delhi: The share allotment for Swiggy's highly anticipated IPO is expected today, November 11, following decent demand during its Rs 11,327-crore IPO. The food delivery giant’s IPO, open from November 6 to 8, saw a significant oversubscription of 3.59 times, with 57.53 crore shares bid against the 16 crore shares on offer.

Swiggy IPO Allotment: How To Check Status Online?As the allotment is expected today, investors who applied for Swiggy shares can check their allotment status on Link Intime India Private Limited’s website, the official registrar for the IPO, using their application number or PAN. Another option is to check on the BSE website. How To Check Swiggy IPO Allotment Status on Link Intime?- Visit Link Intime’s IPO page at .- Select “Swiggy” from the dropdown menu.- Enter details like PAN, application number, or DP client ID.- Click "Submit."- Your allotment status will appear on the screen. How To Check Allotment Status On BSE?- Go to the BSE website and select “Investors.”- Click on “Status of Issue Application” under “Investor Services.”- Select “Equity” under issue type.- Enter your PAN number and choose “Swiggy” from the issue name.- Click “Search” to view your allotment status.

Swiggy’s Grey Market Premium (GMP)Swiggy shares are likely to make a quiet debut on Wednesday amid mixed market conditions. After a high grey market premium (GMP) of Rs 18 on November 1, which hinted at a potential 4.62 per cent gain, Swiggy’s GMP has dropped significantly to around Re 1-2 per share. Swiggy IPO OverviewSwiggy had set a price band of Rs 371-390 per share, valuing the company at around Rs 95,000 crore at the upper end. The Bengaluru-based company is India’s second-largest food and grocery delivery service after Zomato, with a 34 per cent market share in food delivery compared to Zomato’s 58 per cent. In the quick-commerce sector, Swiggy’s Instamart holds a 20-25 per cent market share, while Zomato’s Blinkit leads with 40-45 per cent.