On Friday, Zomato shares made a spectacular stock market debut, debuting at Rs 115 per share on the BSE. Zomato shares had a great stock market debut on Friday, ending at Rs 126 per share on the NSE on the first day of trading. Zomato's stock price was up 66 percent, or Rs 50, from [...]
After receiving approval from SEBI to raise Rs 8,250 crore through an IPO, Zomato saw its shares trade at a significant premium in the primary market. After receiving approval from SEBI to raise Rs 8,250 crore through an IPO, Zomato, an online food delivery platform, saw its shares trade at a significant premium in the [...]
According to insiders, the Zomato IPO, which gained Sebi permission last week, is scheduled to open for subscription in less than two weeks. The offer puts Zomato’s worth at $7.6 billion (about Rs 56,240 crore), which is more than Amazon-backed Deliveroo or Nasdaq-listed Grubhub. The offer will be a mix of Info EdgeEarlier's fresh issue [...]
