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
India has a penetration of only 8% as far as the food delivery is concerned. In the developed world, it is 30-50%, so the potential for growth is huge
Zomato will evolve into a much bigger story than just food delivery
Zomato IPO: Culinary banter adds spice to listing frenzy as stakeholders and members of the investing community express their support
The Rs 9,375-crore IPO comprises a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge
Our lives have changed completely thanks to the pandemic and Zomato has been right up there cashing in on the situation
A loss-making firm can file for IPO. If, its restated losses are not more than the total value of assets
All eyes will be on widely anticipated Zomato IPO. The company has raised over Rs 4,196 crore from anchor investors
Zomato has decided to allocate 552,173,505 equity shares to anchor investors at Rs 76 apiece, aggregating the transaction size to Rs 4,196.51 crore
Grey market premium of online food delivery platform Zomato plunged by over 60% ahead of its initial share sale on July 14