(Reuters) – Indian food delivery giant Swiggy has set a price band of 371 rupees to 390 rupees per share for its $1.35 billion domestic initial public offering (IPO), a newspaper advertisement showed on Wednesday.
Swiggy’s IPO will be the country’s second-biggest stock offering this year, behind carmaker Hyundai India’s $3.3 billion IPO earlier this month.
($1 = 84.0660 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sherry Jacob-Phillips)