Zomato IPO: Infosys CEO Salil Parekh Welcomes Internet IPO Rush, Says Boost To All Tech Businesses
3 years, 5 months ago

Zomato IPO: Infosys CEO Salil Parekh Welcomes Internet IPO Rush, Says Boost To All Tech Businesses

ABP News  

Infosys chief executive Salil Parekh on Wednesday, welcoming the Zomato IPO, said that internet IPOs like Zomato are incredible and will boost technology business and innovation coming out of India. Parekh's remarks came days after Tata Consultancy Services chief executive Rajesh Gopinathan welcomed India's upcoming Internet IPO rush. ALSO ON ABP LIVE | Infosys Q1 Net Profit Jumps 23% To Rs 5,195 Crore Against the backdrop of food delivery platform Zomato's IPO, Gopinath, last week after TCS's first-quarter results, said that high-risk capital is good news and a sign of maturity of the Indian capital market. READ | RBI Restricts Mastercard From Onboarding New Customers From July 22 Zomato aims to raise Rs 9,375 crore by its ongoing IPO, which will close on Friday, July 16, making it the first consumer internet company and startups to raise money in a post-pandemic era.

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History of this topic

Zepto Eyes IPO By 2025 After $350 Mn Funding, Aiming For PAT Positive Next Year
3 weeks ago

Zepto Eyes IPO By 2025 After $350 Mn Funding, Aiming For PAT Positive Next Year

ABP News  

Quick commerce company Zepto, buoyed by a fresh $350 million funding round from marquee domestic investors, is steering towards becoming a fully Indian-owned entity and achieving profitability by FY26, according to co-founder and CEO Aadit Palicha. In an interview to PTI, Palicha countered criticisms that the quick commerce model undermines traditional kirana stores, labeling such claims as "data-free narratives" that …

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26
4 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 CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’
1 month 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 …

IPO frenzy fizzling out: What’s behind low subscription rates, tepid listings?
1 month ago

IPO frenzy fizzling out: What’s behind low subscription rates, tepid listings?

Live Mint  

IPO buzz fizzling out: Despite the ongoing excitement surrounding initial public offerings, a sense of fatigue appears to be creeping into the IPO market recently. So far in November, Afcons Infrastructure Ltd, Sagility India Ltd, Swiggy Ltd, ACME Solar Holdings Ltd, and Niva Bupa Health Insurance Company Ltd have struggled to achieve full subscriptions during the bidding period, with all …

Zinka Logistics Solution IPO day 2: GMP, review to subscription status. Buy or not?
1 month, 1 week ago

Zinka Logistics Solution IPO day 2: GMP, review to subscription status. Buy or not?

Live Mint  

Zinka Logistics Solution IPO: The initial public offering of Zinka Logistics Solution Limited hit the Indian primary market on 13th November 2024 and will remain open until 18th November 2024. Currently, the company's shares are trading at par, and the grey market is predicting Zinka Logistics Solution IPO listing price to be at par with the upper price band of …

Swiggy vs Zomato: Should you apply for Swiggy IPO or buy rival Zomato shares? Analysts weigh in
1 month, 2 weeks ago

Swiggy vs Zomato: Should you apply for Swiggy IPO or buy rival Zomato shares? Analysts weigh in

Live Mint  

The highly-anticipated initial public offering of online food and grocery delivery giant Swiggy is set to hit Dalal Street on November 6, aiming to raise approximately ₹11,327.43 crore from the primary market. Investors now wonder whether they should apply for the Swiggy IPO or buy Zomato shares, which have shown a decent performance. Echoing similar views, Anshul Jain, Head of …

Venture Capital Firms Encourage Startups to Go Public in a Bull Market
2 months ago

Venture Capital Firms Encourage Startups to Go Public in a Bull Market

Live Mint  

Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public. Startups can take advantage of a bullish stock market and return capital to their investors through an IPO. However, the IPO market is hot, and startups must be prepared to meet investor expectations. Some startups are …

Swiggy Eyes $15 Billion Valuation For IPO, Aiming To Raise $1.2 Billion: Report
4 months ago

Swiggy Eyes $15 Billion Valuation For IPO, Aiming To Raise $1.2 Billion: Report

ABP News  

Swiggy IPO: Indian food delivery giant Swiggy, backed by SoftBank, is gearing up for a major initial public offering, targeting a valuation of approximately $15 billion, sources privy to the matter told news agency Reuters. Zomato, Swiggy's main competitor, has seen its shares more than double since going public in 2021, with a market valuation now reaching $28 billion. According …

Ztech India IPO day 3 Check Subscription status , GMP, key dates and all you need to know
6 months, 3 weeks ago

Ztech India IPO day 3 Check Subscription status , GMP, key dates and all you need to know

Live Mint  

Ztech India IPO: The Initial Public offering that opened for subscription on Wednesday 29 May 2024 will be available for retail investor application till Friday, 31 May' 2024. Ztech India IPO subscription status Ztech India IPO had been subscribed 371.39 times times by 5 PM on day 3 as per Chittorgarh.com data. Ztech India IPO issue Size and other details …

Ztech India IPO opens for subscription: Price band at ₹104 - 110 per share, key details here
6 months, 3 weeks ago

Ztech India IPO opens for subscription: Price band at ₹104 - 110 per share, key details here

Hindustan Times  

Ztech India IPO: The initial public offering for civil engineering products designer Ztech India opens for subscription today. Ztech India IPO: Ztech India IPO price band has been fixed at ₹ 104 to ₹ 110 per share, while the IPO lot size is 1,200 shares. Ztech India IPO price The price band of the IPO has been fixed at ₹104 …

Mamaearth IPO allotment: Zomato CEO Deepinder Goyal gets 33,422 shares
1 year, 1 month ago

Mamaearth IPO allotment: Zomato CEO Deepinder Goyal gets 33,422 shares

Live Mint  

Mamaearth IPO: Zomato CEO and co-founder, Deepinder Goyal got 33,422 shares in the public issue of Mamaearth's parent Honasa Consumer, reported Moneycontrol after reviewing the bid-allottee data document. Deepinder Goyal had applied for 3.08 lakh shares but got only 33,422, reported moneycontrol referring to the document. Disclaimer - I applied in IPO quietly and handsomely - twitter pe diss karne …

Zomato vs Paytm: Which internet stock should you pick for long term?
1 year, 1 month ago

Zomato vs Paytm: Which internet stock should you pick for long term?

Live Mint  

Internet stocks are recovering in 2023 after a weak investor response to their initial public offerings. Amid this, let's find out, between internet stocks Zomato and One 97 Communications, which one has better growth opportunities in the long term. Stock Price Trend In the last one year, Zomato has outperformed Paytm, surging 68 percent as against a 39 percent rise …

Zomato, Paytm, Nykaa, other new-age stocks see FPIs raise stake in past year
1 year, 4 months ago

Zomato, Paytm, Nykaa, other new-age stocks see FPIs raise stake in past year

Live Mint  

The new-age tech stocks Zomato, Paytm, PB Fintech, Nykaa, Delhivery and others have seen rising interest from foreign investors over the past one year as these companies seem to have been improving their business models and reporting decent growth with operational efficiencies. FPI shareholding in food delivery aggregator Zomato rose to 33.33% in June 2023 from 9.85% in June 2022. …

ideaForge IPO vs Cyient DLM IPO vs PKH Ventures IPO: Where should you invest ?
1 year, 5 months ago

ideaForge IPO vs Cyient DLM IPO vs PKH Ventures IPO: Where should you invest ?

Live Mint  

The primary market is abuzz with a slew of mainboard IPOs as well as SME IPOs hitting the street. While it is the last day today for the subscription of ideaForge Technology IPO and Cyient DLM IPO, the bidding period for PKH Ventures IPO opened today. However, among ideaForge IPO, Cyient DLM IPO and PKH Ventures IPO, analysts believe investors …

Zomato CEO plays down impact of top-level exits
1 year, 10 months ago

Zomato CEO plays down impact of top-level exits

Live Mint  

Food delivery platform Zomato’s founder and chief executive officer Deepinder Goyal on Tuesday shared an official statement on Twitter to defend the company’s culture. The food tech company has witnessed several top-level exits since going public and seeing its stock price plummet. Last week, Zomato’s global dining business head, Aman Priyadarshi, quit the company to join Kenko Health to lead …

Zomato hopeful of turning profitable within one year
2 years, 3 months ago

Zomato hopeful of turning profitable within one year

Live Mint  

Zomato is likely to turn profitable within a year, the company’s management said at its first annual general meeting post-listing on Tuesday. Akshant Goyal, chief financial officer, Zomato told shareholders: “At the company level we should break even in six months to a year…without Blinkit which will take a bit longer,” Moneycontrol report said quoting Goyal. With the $1.6 billion …

Zomato to move to multiple CEO structure under larger organisation Eternal
2 years, 4 months ago

Zomato to move to multiple CEO structure under larger organisation Eternal

Live Mint  

Online food delivery aggregator Zomato is moving to a multiple CEO structure for its businesses that will be housed under a larger organisation called Eternal. “We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses, all acting as peers to each other, and working as …

Behind the shrinking investor appetite for Zomato
2 years, 4 months ago

Behind the shrinking investor appetite for Zomato

Live Mint  

One year is a long time in the stock market. One fund manager equated it to being an Infosys moment, where he talked about the potential of the stock generating unprecedented wealth for its shareholders just like Infosys did in the past. Zomato’s stock closed yesterday at ₹43.95, down nearly 75% from its all-time high of ₹169 seen on 16 …

Stocks to Watch Today: Zomato, TCS, Future Retail, Colgate-Palmolive, and Others
2 years, 9 months ago

Stocks to Watch Today: Zomato, TCS, Future Retail, Colgate-Palmolive, and Others

News 18  

Nifty futures on the Singapore Exchange traded 60.50 points, or 0.35 per cent, lower at 17,195.50, signaling that Dalal Street was headed for a negative start on Thursday. Zomato The food delivery giant informed about dissolution of its step-down subsidiary Zomato Canada Inc. Ruchi Soya Industries The company’s follow-on public offer will open for subscription on March 24. Kotak Mahindra …

Paytm to Zomato, India’s tech IPO boom has rapidly turned to bust
2 years, 9 months ago

Paytm to Zomato, India’s tech IPO boom has rapidly turned to bust

CNN  

New Delhi CNN Business — In November last year, one of India’s most prominent tech entrepreneurs stood at the Bombay Stock Exchange and cried with joy. During November’s listing ceremony, Sharma called the company’s purpose of bringing millions of Indians into the mainstream economy “pious.” Paytm founder Vijay Shekhar Sharma breaks down while giving a speech during his company's IPO …

Zomato nears all-stock takeover for Blinkit
2 years, 9 months ago

Zomato nears all-stock takeover for Blinkit

Hindustan Times  

India’s online food delivery platform Zomato Ltd. is nearing an all-stock deal to take over instant grocery delivery service Blinkit, according to people familiar with the matter. Zomato The companies are at an advanced stage discussing the deal structure, said the people, who asked not to be identified as the information is private. The proposed takeover would come soon after …

Sebi proposes norms for greater clarity on IPO pricing
2 years, 10 months ago

Sebi proposes norms for greater clarity on IPO pricing

Live Mint  

India’s market regulator plans to ask new-age technology companies to justify the pricing of shares for their initial public offerings to ensure transparency after a meltdown in stocks of some of these companies eroded billions of dollars in investor wealth. The regulator wants new-age tech firms to explain in detail how they priced their shares for initial public offerings, compare …

IPO Rush: Offerings To See Healthy Response In 2022; Pricing Key Concern
2 years, 11 months ago

IPO Rush: Offerings To See Healthy Response In 2022; Pricing Key Concern

ABP News  

Mumbai: India's primary market is set to see a "healthy but cautious" response from investors in 2022, analysts said. It includes one of the biggest IPOs in India — that of LIC, followed by NSE, expected to come by early next year," said Sneha Podar, AVP Research, Broking & Distribution, MOFSL. Infact this segment — new age digital firms — …

Not Nykaa or Zomato, these IPOs lead multibagger gains this year. Do you own?
2 years, 11 months ago

Not Nykaa or Zomato, these IPOs lead multibagger gains this year. Do you own?

Live Mint  

2021 has been a record year for initial public offerings as companies, especially new-age technology startups, sought to take advantage of a soaring stock market. Paras Defence shares have rallied over 285% from issue price, followed by Nureca which is up 247% from its issue price, Laxmi Organics, Easy Trip, Clean Science, MacroTech Developers, Latent View Analytics, Tatva Chintan 131% …

Zomato strengthens leadership team with new appointments
3 years ago

Zomato strengthens leadership team with new appointments

Live Mint  

Bengaluru: Foodtech major, Zomato Ltd has strengthened its leadership team with the appointment of a new chief sustainability officer and deputy chief financial officer. The foodtech company on Tuesday said it has roped in Anjalli Ravi Kumar as its chief sustainability officer and brought in Nitin Savara as its deputy chief financial officer to expand its leadership team. In his …

Lesson Learned from Paytm’s IPO Fail: Fear of Loss is More Important Than Fear of Missing Out
3 years, 1 month ago

Lesson Learned from Paytm’s IPO Fail: Fear of Loss is More Important Than Fear of Missing Out

News 18  

Aage bhi jaane na tu, peeche bhi jaane na tu, Jo bhi hai bas yehi ek pal hai During Moneycontrol’s ‘Muhurat Roundtable’, Devina Mehra, chairperson of First Global, recalled this Sahir Ludhianvi classic from the Hindi film Waqt to describe her sentiment towards the Paytm initial public offering. If the negative sentiment dims funding prospects for other fintechs, Helios Capital’s …

From Zomato to Nykaa, Paytm, Oyo: Indian IPOs on track for a record year as startups soar
3 years, 4 months ago

From Zomato to Nykaa, Paytm, Oyo: Indian IPOs on track for a record year as startups soar

Live Mint  

The market for initial public offerings in India is turning into a feeding frenzy. If it reaches that level, the IPO would be the country’s largest debut ever, eclipsing the more than 150 billion rupees raised by state-owned Coal India Ltd. Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is aiming for an IPO as soon as the fourth …

Startup deals in India set to pick up pace as investors hunt post-pandemic bets
3 years, 4 months ago

Startup deals in India set to pick up pace as investors hunt post-pandemic bets

Live Mint  

Cash-laden investors are set to step up the hunt for Indian firms, mainly tech start-ups, likely to benefit in the post-pandemic world, after pumping in a record $30 billion via public and private equity deals this year, bankers and analysts said. "COVID has accelerated the existing trend towards digital consumerism, be that in food delivery, ecommerce or retail," said Gaurav …

Zomato IPO catapults founder towards list of Indian billionaires
3 years, 5 months ago

Zomato IPO catapults founder towards list of Indian billionaires

Al Jazeera  

A 66% stock jump on debut turned Zomato Ltd founder Deepinder Goyal into a poster boy for India’s fledgling startup scene, pushing his fortune close to the $1bn mark. While that’s far behind the fortunes of Mukesh Ambani – worth about $80bn – and dozens of other Indian industrial tycoons, the group of ultra-rich startup entrepreneurs in the country is …

Harsh Goenka’s tweet on Zomato sparks debate on loss-making unicorn’s IPO success
3 years, 5 months ago

Harsh Goenka’s tweet on Zomato sparks debate on loss-making unicorn’s IPO success

Live Mint  

With Zomato's mega initial public offering ending with a bumper oversubscription on Friday, RPG Enterprises chairman Harsh Goenka took a swipe at the success of the food ordering and delivery company. Taking to Twitter, Goenka said he is looking to start an app like Zomato or its competitor Swiggy and will provide food at a 40 per cent discount with …

Zomato IPO: GMP improves, all eyes on allotment date
3 years, 5 months ago

Zomato IPO: GMP improves, all eyes on allotment date

Live Mint  

Zomato IPO subscription registered robust growth on the last date of bidding and it finally ended at 38.25 times of its public offer. According to the market observers, rise in Zomato IPO GMP in the last two days has played a major role in rise in Zomato IPO subscription by 16th July 2021. Expecting Zomato IPO listing at reasonable gains …

Paytm Gears Up For Mega $2.23 Billion IPO, India's Biggest
3 years, 5 months ago

Paytm Gears Up For Mega $2.23 Billion IPO, India's Biggest

ABP News  

New Delhi: China's Ant Group and Japan's Softbank backed Paytm, India's digital payments leader is seeking regulatory approval to raise up to Rs 16,600 crore, making it the country's largest stock market debut ever, exceeding Rs 15,000 crore raised by state-owned Coal India a decade back. The offering may value the company over Rs 1.86 lakh crore and comes at …

Zomato IPO brought new set of investors, shift in consumer behaviour: Paytm Money CEO
3 years, 5 months ago

Zomato IPO brought new set of investors, shift in consumer behaviour: Paytm Money CEO

India TV News  

Online food delivery platform Zomato's Rs 9,375-crore initial public offering has seen a new set of investors coming into the capital market and there is a visible shift in consumer behaviour, a senior official of Paytm Money said on Thursday. "Zomato IPO is the start of an important change in Indian capital markets as we see a very new set …

Zomato IPO fully subscribed in the first day of bidding
3 years, 5 months ago

Zomato IPO fully subscribed in the first day of bidding

India TV News  

The much-awaited initial public offering of online food delivery platform Zomato witnessed a healthy response from retail investors and was fully subscribed. Data available on BSE showed that the issue got subscribed 1.05 times at the end of the first day of the IPO. By the end of the IPO market on Wednsday, the shares earmarked for the qualified institutional …

Zomato IPO: GMP, subscription status, other details here
3 years, 5 months ago

Zomato IPO: GMP, subscription status, other details here

Live Mint  

Zomato's initial public offering, which got fully subscribed on the first day of the bidding on Wednesday, was subscribed over 40 times today at the close of the subscription period, according to merchant bankers. Earlier on Tuesday, a day ahead of the opening of the IPO, the company had seen strong demand for its shares in the anchor book allocation. …

Retail investors lap up Zomato shares as IPO kickstarts on flying note
3 years, 5 months ago

Retail investors lap up Zomato shares as IPO kickstarts on flying note

Live Mint  

Retail investors lapped up shares of food delivery platform Zomato Ltd as the much awaited initial public offering opened for subscription on Wednesday. The keen retail interest witnessed in the Zomato IPO on the first day is likely to bode well for other technology companies that are waiting in the wings to tap the markets with their IPOs. Strong retail …

Zomato, Paytm set to supercharge India’s hot IPO market
3 years, 5 months ago

Zomato, Paytm set to supercharge India’s hot IPO market

Live Mint  

After clocking its busiest first half since at least 2009, India’s IPO market is gearing up for an even bigger boom as a cluster of homegrown startups including Ant Group Co.-backed Zomato Ltd. prepare to go public. “Startups that are big enough and mature have outgrown the venture capital and private equity funds’ ability to invest,” said Manisha Girotra, country …

As Zomato IPO opens, Paytm founder has a message for Deepinder Goyal
3 years, 5 months ago

As Zomato IPO opens, Paytm founder has a message for Deepinder Goyal

Live Mint  

As the food delivery platform Zomato's initial public offering has opened for subscription today, Paytm’s founder Vijay Shekhar Sharma wished the food tech unicorn's founder and CEO Deepinder Goyal as he rooted for India's first share sale by an internet company. The retail portion of Zomato's public offering was subscribed nearly 100% within an hour of the opening on Day …

Zomato CEO Ordering 'Triple Breakfast' Ahead of IPO Opening is Relatable
3 years, 5 months ago

Zomato CEO Ordering 'Triple Breakfast' Ahead of IPO Opening is Relatable

News 18  

We have often heard our friends say that they have eaten lots of food before an exam or interview. Stress eating — Deepinder Goyal July 14, 2021 Following Goyal’s tweet, people started wishing him and Zomato all the best for the big day. Congrats on bringing food delivery and ordering to the main stream of India.— KG July 14, 2021 …

Zomato IPO fully subscribed on day 1; retail portion oversubscribed 2.69 times
3 years, 5 months ago

Zomato IPO fully subscribed on day 1; retail portion oversubscribed 2.69 times

Live Mint  

The much-awaited initial public offering of the home-grown food tech unicorn Zomato is finally here as the three-day share sale opened for subscription today with the offer price for the IPO fixed at ₹72- ₹76 per share. The Qualified Institutional Buyers portion was subscribed 0.98 times while the portion reserved for non institutional investors got subscribed 0.13 times. Link Intime …

What Zomato IPO has in common with the humble telephone
3 years, 5 months ago

What Zomato IPO has in common with the humble telephone

Live Mint  

The initial public offering of the food delivery company Zomato is currently the talk of the town. As Ray Fisman and Tim Sullivan write in The Inner Lives of Markets: “Why, for example, does Google let you search the web for free, even though maintaining its primacy in the search engine market costs the company a fortune in R&D computing …

Zomato's IPO: Sage Advice for Green-Behind-the-Ears Investors
3 years, 5 months ago

Zomato's IPO: Sage Advice for Green-Behind-the-Ears Investors

The Quint  

But you’re also mighty confused. And when your friends began dabbling in shares, bragging about how much money they had made as the Nifty Fifty Index doubled from 8000 to nearly 16000, you could not hold back. Even though your old man always warned you to stay away from three things - smoking, drinking, and gambling in stocks – “this …

Zomato IPO this week: Should you subscribe? What brokerages say
3 years, 5 months ago

Zomato IPO this week: Should you subscribe? What brokerages say

Live Mint  

India’s largest online food ordering platform is looking to raise as much as ₹9,375 crore in the public issue. As per market observers, Zomato grey market premium has seen a dip as it is trading in the range of ₹7.75-8.25, which is around 10% over upper end of the IPO price band of ₹76. The grey market is an unofficial …

Zomato IPO: Why is there so much buzz and should you invest?
3 years, 5 months ago

Zomato IPO: Why is there so much buzz and should you invest?

Hindustan Times  

Food delivery giant Zomato’s IPO has stimulated quite an appetite among the investor class, that after the initial feedback it has advanced the issue date and increase the offer size by 20%. So what is the big deal about Zomato IPO and should you think of investing your hard earned money in primary market amidst a pandemic and an economy …

Zomato IPO: How shares are performing in grey market ahead of public offering
3 years, 5 months ago

Zomato IPO: How shares are performing in grey market ahead of public offering

India Today  

Online food delivery giant Zomato’s initial public offering is all set to open for subscription on July 14. Investors and analysts remain optimistic as the unlisted shares of the company are available at a premium of 26 per cent in the grey market ahead of the public offering. Zomato shares were trading at a premium of Rs 16-20 per share …

Paytm, Zomato, Delhivery, Nykaa: Start-up Titans to Debut IPOs, Coming to Market Soon
3 years, 5 months ago

Paytm, Zomato, Delhivery, Nykaa: Start-up Titans to Debut IPOs, Coming to Market Soon

News 18  

This year has been a remarkable year for start-ups in India, despite the second wave of COVID-19 that sent the economy for a toss. “Delighted that Indian Startups- Paytm, Zomato, Nykaa and Delhivery will be listing in the Indian stock markets & raising growth capital through IPOs. Zomato Giving Chase According to the draft red herring prospectus filed by Zomato, …

Zomato Rs 9,375-Crore IPO to Open Next Week: Price Band, Other Key Details
3 years, 5 months ago

Zomato Rs 9,375-Crore IPO to Open Next Week: Price Band, Other Key Details

News 18  

Food delivery giant, Zomato, is set to hit the market and go ahead with its public issue on July 14 according to its draft red herring prospectus that it filed. The food giant filed its draft red herring prospectus in April of 2021 with SEBI for its IPO, which consisted of its Rs 8,250 crore IPO with a fresh issue …

Zomato's Rs 9,375 Cr IPO To Open On July 14, Firm Valued At Over Rs 60,000 Cr
3 years, 5 months ago

Zomato's Rs 9,375 Cr IPO To Open On July 14, Firm Valued At Over Rs 60,000 Cr

ABP News  

New Delhi: Food delivery giant Zomato's initial public offer of Rs 9375 crore will open on Wednesday, July 14, coinciding with Zomato's 13th birthday week starting July 10. Initially, the company was planning to raise Rs 7,500 crore but increased the offer size by 25% due to strong investor demand, said banking sources. It is learned that Info Edge, Zomato's …

Paytm Plans to Launch $3-Billion IPO; Biggest Ever in India
3 years, 6 months ago

Paytm Plans to Launch $3-Billion IPO; Biggest Ever in India

News 18  

New Delhi: Digital payments giant Paytm is planning to come out with an initial public offer worth USD 3 billion later this year, according to sources. The SoftBank and Alibaba-backed company is looking at raising about USD 3 billion at a valuation of well over USD 25 billion, the sources privy to the development said. In April, food delivery platform …

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