Sensex and Nifty surge to new highs, The market capitalization of the BSE surpassed Rs 400L crore.
Institutional investors, corporate investors and wealthy individuals who are more exuberant about Zomato than retail investors and its employees
With a valuation of Rs 59,623 crore at the upper price band, investors who had backed the startup are set to net hefty returns on their investments
Going by the grey market trends it seems that Zomato might see a muted listing as the issue is expensively priced
Analysts retained their bullish on the company, citing dominant market share in its core businesses and strong balance sheet
The company said that Zomato is proposing an IPO of its equity shares, comprising a fresh issue of equity shares by Zomato and an offer for sale by In
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