Food delivery giant Zomato welcomed rival Swiggy's debut on Dalal Street on Wednesday through a post on X, formerly known as Twitter.

"You and ... In this beautiful world," read Zomato's post on X. The post included an image of Swiggy and Zomato delivery personnel standing in front of the BSE building, featuring a banner announcing Swiggy's listing.

In response, Swiggy said 'It's giving Jai and Veeru'

Shares of Swiggy listed at a 7.69% premium over its IPO price of Rs 390 on NSE. The company listed at Rs 420 on NSE. Meanwhile, it debuted with a premium of 5.64% at Rs 412 on BSE.

Even though Swiggy entered both food delivery and quick commerce arenas prior to Zomato, the Dalal Street debutant has been trailing its listed rival across metrics. For the first quarter of , Swiggy's operating revenue came in at Rs 3,222 crore vs Zomato's Rs 4,206 crore.

Published On - Nov 13, 2024, 03:46:12 PM IST

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