Zomato share price premium in the grey market has gone up from Rs 10 on July 14 (IPO launch date) to Rs 25 on July 22 (IPO allotment date)
Zomato is likely to finalise the share allotment status today, July 22, as per the schedule mentioned in the red herring prospectus
There's a lot of exuberance about the IPO outside but Zomato employees are still in double mind as to whether they should apply or not
Deepak Shenoy, founder and chief executive, Capitalmind told Money9 that retail investors should avoid IPOs