Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
1 month, 1 week ago

Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves

Live Mint  

Bengaluru: Food and grocery delivery player Zomato has raised ₹8,500 crore through its qualified institutional placement, allocating 33.64 crore shares at ₹252.62 apiece, it said in a filing with the stock exchanges on Friday. The Gurugram-based company’s cash balance fell to ₹10,800 crore in the September quarter of FY25 from ₹14,400 crore when it launched an initial public offering in 2021, mainly on account of funding past quick-commerce losses and some equity investments and acquisitions. Motilal Oswal’s private wealth arm led a $350 million funding round in Zepto last week. Another competitor, Zepto, bagged $350 million in funding from Motilal Oswal’s private wealth arm last week, aiming to strengthen its dark store operations as it gears up for a public-market listing in FY25.

Share Crore Zepto Zomato Motilal Oswal  funding  25262  shares  wealth  qip  zomato  bulk  8500  zepto  crore  raises  share  balance  arm  reserves  food  cash

History of this topic

Zomato’s losing steam and the Blinkit drag
Trending News
22 hours, 41 minutes ago

Zomato’s losing steam and the Blinkit drag

Live Mint  

Zomato has been a poster child of startup success. For perspective, Zomato’s food-delivery business turned profitable as early as the second quarter of FY23, but owing to the drag by Blinkit, Zomato as a whole turned profitable only in FY24. Food delivery: From strength to strength Even as Blinkit grows as a share of Zomato’s business, food-delivery has remained the …

Zomato share price tumbles 3% today as poor market run continues. What's next?
Trending News
1 day, 7 hours ago

Zomato share price tumbles 3% today as poor market run continues. What's next?

India Today  

Shares of food delivery giant Zomato extended their decline for the fourth consecutive session, falling over 3% in early trade on Wednesday. The ongoing slide in Zomato’s stock was triggered by a downgrade from foreign brokerage Jefferies, which changed its rating from “buy” to “hold.” The brokerage also slashed its target price by 18% to Rs 275, down from Rs …

Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275
2 days ago

Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275

Live Mint  

Shares of food aggregator Zomato fell 5 per cent on Tuesday, January 7 after global brokerage Jefferies downgraded the stock to 'Hold', according to media reports. The brokerage also reduced its target price for Zomato by 18 per cent from ₹335 to ₹275, indicating just over 9 per cent upside potential. In response to these challenges, Jefferies significantly lowered its …

Is Zomato's dream stock market run over?
2 days, 7 hours ago

Is Zomato's dream stock market run over?

India Today  

Shares of Zomato fell over 5% in early trade on Tuesday, extending its weak market run after a period of strong gains. The brokerage also reduced its target price for the food delivery giant by 18% to Rs 275, down from Rs 335, reflecting concerns over intensified competition in the quick commerce segment. Jefferies cited heightened competition from Swiggy’s Instamart, …

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275
2 days, 7 hours ago

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275

India Today  

Foreign brokerage Jefferies has downgraded Zomato from a ‘Buy’ to a ‘Hold’ rating, slashing its target price to Rs 275 from Rs 335, citing increased competition in the quick commerce segment. It initiated coverage on both Zomato and Swiggy with ‘Buy’ ratings, setting 12-month target prices of Rs 385 and Rs 705, respectively. ZOMATO VS SWIGGY While Zomato leads in …

Zomato first startup in Sensex 30
2 weeks, 2 days ago

Zomato first startup in Sensex 30

Deccan Chronicle  

Chennai: Food tech giant Zomato has made history as the first Indian startup to join the Bombay Stock Exchange Sensex 30, replacing JSW Steel in the benchmark index of India’s top 30 companies. Zomato’s total market capitalization of Rs 2.7 lakh crore surpassed JSW Steel's Rs 2.24 lakh crore. However, on Monday, following its inclusion in the Sensex 30, Zomato's …

Zomato shares unexpectedly in the red after Sensex entry
2 weeks, 3 days ago

Zomato shares unexpectedly in the red after Sensex entry

Hindustan Times  

Zomato Ltd shares saw an unexpected drop after the food delivery giant got included in the Bombay Stock Exchange's Sensex index comprising of the top 30 stocks in the country. Zomato got included on the Sensex on Monday, December 23, 2024, replacing JSW Steel Ltd. Zomato's inclusion comes at a time when the food delivery giant's shares rallied nearly 43% …

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected
Top News
2 weeks, 3 days ago

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected

Hindustan Times  

Food delivery giant Zomato Ltd is debuting on the Bombay Stock Exchange's benchmark Sensex index on Monday, December 23, 2024, making it the first startup or newer company to do so. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken …

Zomato shares to be in focus today. Here's why
Trending News
2 weeks, 3 days ago

Zomato shares to be in focus today. Here's why

India Today  

Zomato shares are set to be in the spotlight today as the food delivery giant achieves a huge milestone, becoming the first new-age tech company to join the BSE Sensex’s 30-share index. Brokerage firm Nuvama has estimated inflows of $513 million into Zomato due to its inclusion in the Sensex, while JSW Steel may see outflows of $252 million. Brokerage …

Zomato share price falls over 3% after inclusion in Sensex
Trending News
2 weeks, 4 days ago

Zomato share price falls over 3% after inclusion in Sensex

Live Mint  

Zomato share price fell over 3% on Monday after the food delivery giant was included in the benchmark BSE Sensex index. Zomato’s inclusion in the Sensex not only reflects the food delivery giant’s market leadership but also signifies the growing prominence of tech-driven companies in the Indian stock market landscape. Zomato Share Price Trend Zomato share price has delivered impressive …

Zomato slapped with ₹803 crore tax demand by GST authorities
3 weeks, 5 days ago

Zomato slapped with ₹803 crore tax demand by GST authorities

Live Mint  

Online food delivery platform Zomato, in a regulatory filing on Thursday said that it has received a tax demand of ₹803.4 crore, including interest and penalty from the GST department in Thane. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon, the company said adding that it will file …

Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?
3 weeks, 6 days ago

Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?

Live Mint  

New-age stocks caught the attention of mutual fund investors in November, with food delivery giants Zomato and Swiggy receiving the largest share of investor money. According to a recent report by Nuvama Institutional Equities, mutual funds invested ₹26,400 crore in stocks last month, with ₹5,600 crore allocated to Zomato’s Qualified Institutional Placement and ₹5,300 crore invested in its biggest competitor, …

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in
4 weeks, 1 day ago

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in

Live Mint  

-Indian digital payments firm MobiKwik's 5.72 billion-rupee initial public offering was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India's booming online payments market. Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold, exchange data showed. India's …

Zomato CEO Deepinder Goyal responds to ‘false claims just to sound cool’ netizen allegations; Here’s what happened
1 month ago

Zomato CEO Deepinder Goyal responds to ‘false claims just to sound cool’ netizen allegations; Here’s what happened

Live Mint  

Online food delivery platform Zomato's Chief Executive Officer Deepinder Goyal responded on Friday, December 6, to an individual on the social media platform X asking for an auditor's report on the company's “offsets” to understand the impact of the plastic recycling project. “You will note that IREC and offset purchases equal Zomato's entire carbon footprint for its food delivery business …

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain
1 month ago

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain

Live Mint  

Stock Market Today: Shares of Zomato, the food delivery aggregator, achieved a new milestone in Thursday's trade on December 5, crossing the ₹300 mark for the first time in intraday trade to touch a fresh record high of ₹304.65, gaining 6.4 per cent and surpassing its previous all-time high of ₹298.25, which was recorded in September. Global brokerage firm CLSA …

Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?
1 month ago

Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?

India Today  

Shares of online food delivery giants Swiggy and Zomato extended their rally on Thursday, driven by strong buying interest among investors. The rally follows Swiggy’s robust Q2 results, which showcased strong revenue growth and promising developments in its quick commerce and food delivery segments. However, Swiggy faced challenges in market share as its gross order value growth in food delivery …

After ₹20 lakh stir, Zomato CEO Deepinder Goyal has a ₹30 update
1 month, 1 week ago

After ₹20 lakh stir, Zomato CEO Deepinder Goyal has a ₹30 update

Live Mint  

Days after Zomato Managing Director and CEO Deepinder Goyal posted a job vacancy for Chief of Staff with an unusual requirement, online food delivery platform has launched a special Black Friday deal for its premium membership, Zomato Gold. Unlike the recruitment offer for the Chief of Staff, customers do not have to pay ₹20 lakhs to get a Zomato Gold …

BSE revises price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks from November 29
1 month, 1 week ago

BSE revises price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks from November 29

Live Mint  

The Bombay Stock Exchange on Friday, November 28, announced that it has revised the price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks, effective Friday, November 29, according to the official exchange filing. Stocks with 10% price revision According to the official notice, there are 46 company stocks for which the price band has been revised to …

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%
1 month, 1 week ago

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%

Live Mint  

Zomato Share Price Today on 27-11-2024: At 27 Nov 11:29 today, Zomato shares are trading at price ₹287, 2.45% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato shares up 131% this year: Should you buy multibagger stock?
1 month, 1 week ago

Zomato shares up 131% this year: Should you buy multibagger stock?

India Today  

Food delivery giant Zomato’s shares surged over 131% on a year-to-date basis, delivering multibagger returns to investors. Zomato plans to invest Rs 2,100 crore in Blinkit’s capex over FY2026-28, including the development of dark stores and warehousing capabilities. The brokerage noted that Zomato’s food delivery business continues to grow, with a 24% year-on-year increase in power customers to 34 lakh …

Zomato CEO Deepinder Goyal Waives Off His Rs 3.5 Crore Salary For 2 More Years
1 month, 1 week ago

Zomato CEO Deepinder Goyal Waives Off His Rs 3.5 Crore Salary For 2 More Years

ABP News  

Zomato CEO Deepinder Goyal extended the voluntary waiver of his annual remuneration of Rs 3.5 crore till the end of the 2025-26 financial year. “Vide letters dated March 24, 2021 and April 1, 2024, addressed to our board, Deepinder Goyal has voluntarily waived his salary for a period starting from April 1, 2021 till March 31, 2026,” the document stated. …

Deepinder Goyal's Zomato opens ₹8,500 crore QIP share sale, floor price at ₹265.91 per share
1 month, 1 week ago

Deepinder Goyal's Zomato opens ₹8,500 crore QIP share sale, floor price at ₹265.91 per share

Hindustan Times  

Food delivery giant Zomato Ltd has approved a Qualified Institutional Placement, with a floor price of ₹265.91 per share, according to an exchange filing on Monday, November 26, 2024. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken July 14, …

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%
1 month, 2 weeks ago

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%

Live Mint  

Zomato Share Price Today on 26-11-2024: At 26 Nov 11:13 today, Zomato shares are trading at price ₹275.8, 0.8% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26
1 month, 2 weeks ago

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26

India Today  

Deepinder Goyal, the CEO of food delivery platform Zomato, has decided to forgo his annual salary of Rs 3.5 crore until the end of the financial year 2026. He owns a 4.18% stake in Zomato, which is currently valued at over Rs 10,000 crore, based on the company’s closing share price on November 25. ZOMATO’S MARKET PERFORMANCE Zomato has achieved …

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%
1 month, 2 weeks ago

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%

Live Mint  

Zomato Share Price Today on 25-11-2024: At 25 Nov 11:17 today, Zomato shares are trading at price ₹281.85, 6.7% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato Shares Surge 6 Per Cent. Here's Why
Trending News
1 month, 2 weeks ago

Zomato Shares Surge 6 Per Cent. Here's Why

ABP News  

Shares of Zomato soared as much as 6 per cent in early trade on Monday, fueled by two major developments, its inclusion in the benchmark BSE Sensex and shareholder approval for a Rs 8,500 crore Qualified Institutional Placement. The inclusion highlights Zomato's impressive market performance, with the stock rallying over 113 per cent this year. The company's cash reserves saw …

Zepto Secures $350-Mn Funding To Bolster Domestic Stake Before India IPO
1 month, 2 weeks ago

Zepto Secures $350-Mn Funding To Bolster Domestic Stake Before India IPO

ABP News  

Zepto, the rapid delivery start-up, has retained its $5 billion valuation in its latest funding round, attracting notable investors such as Motilal Oswal’s Raamdeo Agrawal, the Taparia Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group, Claypond Capital, and the Cello Family Office. Additionally, the round saw participation from other prominent players, including the Haldiram Snacks Family Office, Sekhsaria …

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%
1 month, 2 weeks ago

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%

Live Mint  

Zomato Share Price Today on 22-11-2024: At 22 Nov 12:43 today, Zomato shares are trading at price ₹264.1, -0.99% down from the previous closing price. On the technical front, the stock is trading above the 10,20,100,300 days SMA & lower than the 5,50 day SMA. The stock will have support at 10,20,100,300 days SMA & face resistance at 5,50 days …

Zepto raises $350 mn in domestic funding round
1 month, 2 weeks ago

Zepto raises $350 mn in domestic funding round

The Hindu  

Zepto on Friday announced a $350 million fundraise in its latest round that the quick commerce company said marks the largest 100% domestic fundraise within India's startup ecosystem. The fundraise saw participation from several family offices and investors including Motilal Oswal AMC and Raamdeo Agarwal, the Taparia Family Office, Mankind Pharma Family Office, Cello Family Office, Haldiram Snacks Family Office, …

10K applications received for 'Rs 20 Lakh fee' job at Zomato
1 month, 2 weeks ago

10K applications received for 'Rs 20 Lakh fee' job at Zomato

Deccan Chronicle  

Zomato CEO and co-founder Deepinder Goyal stirred a debate upon announcing a highly unconventional job opening for the role of Chief of Staff. The job has an unusual twist -- instead of a salary, the selected candidate must pay a Rs 20 lakh “fee," which will be donated to the charity Feeding India, a cause supported by Zomato. Goenka argued …

Want to be chief of staff at India’s Zomato? CEO says forget salary, pay $23,700 fee
1 month, 2 weeks ago

Want to be chief of staff at India’s Zomato? CEO says forget salary, pay $23,700 fee

Live Mint  

By Aditya Kalra NEW DELHI, Nov 21 - The CEO of Indian food delivery giant Zomato has stoked a public debate by advertising a chief of staff job with an unusual twist: there will be no salary initially and the position instead comes with a 2 million rupee "fee". Zomato CEO Deepinder Goyal sought "down to earth" candidates in social …

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’
1 month, 2 weeks ago

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’

Live Mint  

Swiggy, a direct competitor to Zomato and one of India's leading food delivery aggregators made its highly anticipated stock market debut on November 13. Interestingly, just weeks before Swiggy's IPO, Zomato CEO Deepinder Goyal had some advice for Swiggy's employees, reflecting on his company's own experience of going public in 2021, the Times of India reported. Speaking at the ET …

Zomato share price: Experts see 45% upside in this Multibagger stock. Should you buy?
1 month, 2 weeks ago

Zomato share price: Experts see 45% upside in this Multibagger stock. Should you buy?

Live Mint  

Zomato share price: With 118% returns year to date and more than 130% in last one year Zomato Stock has given Multibagger returns to investors. Strong Q2 Results Zomato has seen strong Q2 performance, Zomato Ltd's Q2FY25 net profit increased by 389% to ₹176 crore from ₹36 crore the previous year. Analyst views Post Q2 Analysts at Axis Securities said …

Swiggy and Zomato: What should be your strategy for these two new age tech stocks?
1 month, 3 weeks ago

Swiggy and Zomato: What should be your strategy for these two new age tech stocks?

Live Mint  

Swiggy and Zomato: The focus on food delivery companies has intensified over the past few weeks, particularly with Swiggy making its debut on the Indian stock market. “While on an absolute basis Swiggy offers decent upside, we would prefer Zomato if asked to pick only one due to its superior execution in the past and market leadership across key segments. …

Stocks to Watch: Zomato, Nykaa, Hero MotoCorp, RIL, Godrej Properties, and more
1 month, 3 weeks ago

Stocks to Watch: Zomato, Nykaa, Hero MotoCorp, RIL, Godrej Properties, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Grasim Industries: Grasim reported a 66% decline in consolidated net profit to ₹390 crore for Q2FY25, down from ₹1,164 crore in the same quarter last year. PTC Industries: PTC Industries posted a net profit of ₹17.31 crore for Q2FY25, more than doubling the ₹8.14 crore reported …

Zepto’s cash burn crosses ₹250 crore a month on rising costs; closes ₹2,500 crore funding round: Report
1 month, 3 weeks ago

Zepto’s cash burn crosses ₹250 crore a month on rising costs; closes ₹2,500 crore funding round: Report

Live Mint  

Online quick commerce platform Zepto's cash burn has exceeded over ₹250 crore per month for the last two months amid rising competition in the quick commerce space, reported the news portal Moneycontrol. The company's monthly burn, or the amount which the business is losing per month, was trending in the ₹35-40 crore range in May this year, four people aware …

Zepto's cash burn hits ₹250 crore a month, 6x more than May: Report
1 month, 3 weeks ago

Zepto's cash burn hits ₹250 crore a month, 6x more than May: Report

Hindustan Times  

Zepto’s monthly cash burn has surged to over ₹250 crore in the past two months, amid intensifying competition in the quick commerce sector. Zepto’s monthly cash burn jumps to over ₹ 250 crore, driven by fierce competition in quick commerce. Sources indicate that the cash burn is expected to stay near ₹300 crore for November, coinciding with India's annual festive …

Swiggy IPO makes 500 employees 'crorepatis'; unlocks ₹9,000 cr worth of ESOPs
1 month, 3 weeks ago

Swiggy IPO makes 500 employees 'crorepatis'; unlocks ₹9,000 cr worth of ESOPs

The Hindu  

Swiggy’s much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the “crorepati” club, with the food delivery and quick commerce major’s listing poised to unlock ₹9,000 crore in ESOPs for 5,000 staffers, people aware of the details said. “The total Employee Stock Option Plan pool is worth ₹9,000 crore, with 5,000 past as well as …

Zomato Welcomes Swiggy to Stock Market With Warm Post as it Makes Debut
1 month, 3 weeks ago

Zomato Welcomes Swiggy to Stock Market With Warm Post as it Makes Debut

Deccan Chronicle  

Hyderabad: Food delivery giant Zomato on Wednesday shared a post welcoming its rival Swiggy as it made its stock market debut. Couldn't have asked for a better company to serve India with," he wrote on X. Swiggy got listed at Rs 420 on the NSE, a 7.69 per cent jump from the issue price. According to a report by PTI, …

Swiggy IPO: Congrats on the listing, says Zerodha’s Nithin Kamath, hopes to see more homegrown brands going public
1 month, 3 weeks ago

Swiggy IPO: Congrats on the listing, says Zerodha’s Nithin Kamath, hopes to see more homegrown brands going public

Live Mint  

Zomato extended a rare public gesture of goodwill to its long-time competitor, Swiggy, as the latter launched its highly anticipated initial public offering on Wednesday, November 13. The tweet included an image of Zomato and Swiggy delivery personnel standing together, gazing at the Bombay Stock Exchange building, adorned with a “Now Listed Swiggy” banner. Couldn't have asked for a better …

Zomato Share Price Today on 13-11-2024: Zomato share price are down by -0.94%, Nifty down by -1.36%
1 month, 3 weeks ago

Zomato Share Price Today on 13-11-2024: Zomato share price are down by -0.94%, Nifty down by -1.36%

Live Mint  

Zomato Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Zomato shares are trading at price ₹258.55, -0.94% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Swiggy’s IPO to unlock ₹9,000 crore in ESOP wealth for 5,000 employees: Report
1 month, 3 weeks ago

Swiggy’s IPO to unlock ₹9,000 crore in ESOP wealth for 5,000 employees: Report

Hindustan Times  

The Swiggy IPO will unlock ₹9,000 crore worth of employee stock option plans, turning nearly 500 of its employees into ‘crorepatis’ after its listing on Wednesday, November 13, according to an Economic Times report. However, according to the report, Swiggy's ₹11,300-crore-IPO was the biggest public offering by a technology firm since Paytm's public issue in 2021. According to the report, …

Swiggy or Zomato: Which stock will deliver better returns to investors?
1 month, 3 weeks ago

Swiggy or Zomato: Which stock will deliver better returns to investors?

India Today  

Swiggy’s stock market debut has set off a fresh wave of interest in the food delivery sector. "Despite a strong potential growth runway and an improving margin profile, we believe Swiggy still has a long and winding road to profitability,” the brokerage stated in a research note, adding that, while Zomato remains the more efficient operator, “we prefer Swiggy over …

'You and I…': Zomato welcomes Swiggy on Dalal Street after stock market listing
1 month, 3 weeks ago

'You and I…': Zomato welcomes Swiggy on Dalal Street after stock market listing

India Today  

Food delivery giant Zomato welcomed Swiggy stock market debut on Tuesday with a warm social media post. The post was accompanied by an image of Swiggy and Zomato delivery persons standing in front of the Bombay Stock Exchange building. Swiggy’s IPO was oversubscribed by 3.59 times, but non-institutional investors showed lower interest, with subscriptions at 0.41 times. Meanwhile, markets remained …

Zinka Logistics Solution IPO: Flipkart-backed issue raises ₹501.33 crore via anchor investors ahead of public issue
1 month, 3 weeks ago

Zinka Logistics Solution IPO: Flipkart-backed issue raises ₹501.33 crore via anchor investors ahead of public issue

Live Mint  

Zinka Logistics Solution Limited, the operator of the BlackBuck app, a payments platform which caters to truck operators, raised ₹501.33 crore from investors in its anchor round ahead of the public issue, according to the company's BSE filing on Tuesday, November 12. The anchor investor pool in Zinka Logistics Solution's IPO includes SBI Mutual Fund, Nomura Trust, Invesco India, Bandhan …

Swiggy IPO allotment status released: What GMP indicates ahead of listing date
1 month, 4 weeks ago

Swiggy IPO allotment status released: What GMP indicates ahead of listing date

Hindustan Times  

Shares of food delivery giant Swiggy will be listed on the exchanges on Wednesday, November 13, after its high-profile IPO launch last week. The Swiggy Limited's logo is seen at a press conference during which its Initial Public Offering was announced in Mumbai, India, October 30, 2024 According to the report, its grey market premium is just ₹1, which is …

Zomato Share Price Today on 12-11-2024: Zomato share price are up by 0.97%, Nifty down by -1.07%
1 month, 4 weeks ago

Zomato Share Price Today on 12-11-2024: Zomato share price are up by 0.97%, Nifty down by -1.07%

Live Mint  

Zomato Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Zomato shares are trading at price ₹261, 0.97% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Zomato Share Price Today on 11-11-2024: Zomato share price are up by 3.77%, Nifty down by -0.03%
1 month, 4 weeks ago

Zomato Share Price Today on 11-11-2024: Zomato share price are up by 3.77%, Nifty down by -0.03%

Live Mint  

Zomato Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Zomato shares are trading at price ₹258.5, 3.77% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
2 months ago

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

Live Mint  

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show. Exclusivity arrangements between Swiggy, Zomato and their respective restaurant partners "prevent the market from becoming more competitive," the CCI's investigation arm noted in its findings reviewed by Reuters on Friday. …

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