The IPO proceeds are to be utilised for organic growth, merger and acquisition and other general corporate purposes
Zomato's valuation post-IPO on a fully-diluted basis will be Rs 64,365 crore, far more than the other listed companies in the food segment
Holding a stock forever is not needed. Investors must hold for long, but be invested in a stock during its sweet spot, holding beyond will not benefit
Zomato, which would be the first major new age technology firm to list on domestic bourses, will be opening its Rs 9375 cr IPO on July 14
Investors can bid for a minimum of 195 shares and in multiples, thereafter, translating to a minimum bidding amount of Rs 14,820 at the higher band
The Zomato IPO comprises fresh issue of equity shares worth Rs 7,500 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge
The month of July alone could see a dozen of IPOs hitting the street to raise over Rs 12,000 crore
The growth in investors base on BSE seen over the Covid year so far has not been witnessed in the last 25 years
India’s organized food services market is expected to grow at about 10.5% CAGR to $37 billion over FY2020-25E, capturing a 46% market share, up from
Angel Broking said if Indian investors look beyond the immediate warning signs, there is a silver lining on the horizon