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9.3 per cent stakes of Grofers India Pvt Ltd and Hands-on Trades Pvt Ltd (HoT) to be attained by Zoamata ass per recent listing. The legit owner of Grofers India and HoT is Grofers International Pte.
Zomato share received a premium of 52% to IPO issue price. Share of Zomato started at Rs 116, 52.63% NSE compared to issue price of Rs 76. Market cap crossed the Rs 1 lakh crore scale on the listing day.
It had been alleged that Swiggy and Zomato were in the talks with electric scooter and bike aggregators like Spinny, Zypp and eBikeGo to switch 10 per cent of their fleets to electric by 2021.
As of now, the new option is only available in 41 cities.
The stock opened at Rs 116 on NSE, a 52.63 percent premium to its final offer price of Rs 76. The listing price on BSE was at Rs 115, up 51.32 percent
Zomato IPO has received a good response from retail investors after it opened from subscription earlier in the day.
Altogether, 186 anchor investors received an allotment in the share sale.
Zomato is all set to hit the market on Wednesday with its initial public offering worth ₹9,375 crores.
We will present to you the top things to know about Zomato IPO before it opens.
The size of the IPO has been valued at Rs 9,375 crore with a price band of Rs 72-76.
The severity of the bug detected would be determined by the Zomato security team on the basis of the Common Vulnerability Scoring System(CVSS) score
Zomato's IPO is set to open its subscription from July 14 and will close on July 16
Zomato has denied media reports that it will be filing a draft, Red Herring Prospectus (DRHP), an important step to go public on Friday. Meanwhile, the founder of Zomato, Deepinder goyal said that the news was "incorrect" through a tweet.
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