Zomato IPO scels listings are here and investors who receive shares during the rationing process have recorded more than 50% on problem prices. The IPO has crossed the market capitalization of RS 1 Lakh Crore on the day of his listing and moves before the shares of major financial services such as SBI Cards & Payments, ICICI Prudential Life Insurance, SBI Life Insurance and Icici Lombard.
Zomato IPO is registered at Rs 116 with a premium of 52.63% above the price of the problem 72-76. The size of the issue of Rs 9,375 Crore, which is a mixture of fresh problems and offers for sale, accepts bumper applications from retail investors with 7.45 times the quota subscription provided. Institutional buyers who meet the requirements and non-institutional investors subscribe to IPO 51.79 times and 32.96 times, respectively.
Fortunately, we have a clear estimate of the return of retail investors that have been made in their applications in Zomato but the food delivery platform has many private equity investors who have invested in it since the early stages. Startup Tech always remains hungry for investment from private equity investors and mutual funds.
As a startup driven by technology pouring a lot of money into their technology, personnel and advertising campaigns and sales promotions, they continue to hunt for investors who can invest money at the initial stages of their offer. Similarly, Zomato also has a long list of shareholders who have more than 1% of the company.
Zomato IPO scels listings are here and investors who receive shares during the rationing process have recorded more than 50% on problem prices. The IPO has crossed the market capitalization of RS 1 Lakh Crore on the day of his listing and moves before the shares of major financial services such as SBI Cards & Payments, ICICI Prudential Life Insurance, SBI Life Insurance and Icici Lombard.
Zomato IPO is registered at Rs 116 with a premium of 52.63% above the price of the problem 72-76. The size of the issue of Rs 9,375 Crore, which is a mixture of fresh problems and offers for sale, accepts bumper applications from retail investors with 7.45 times the quota subscription provided. Institutional buyers who meet the requirements and non-institutional investors subscribe to IPO 51.79 times and 32.96 times, respectively.
Fortunately, we have a clear estimate of the return of retail investors that have been made in their applications in Zomato but the food delivery platform has many private equity investors who have invested in it since the early stages. Startup Tech always remains hungry for investment from private equity investors and mutual funds.
As a startup driven by technology pouring a lot of money into their technology, personnel and advertising campaigns and sales promotions, they continue to hunt for investors who can invest money at the initial stages of their offer. Similarly, Zomato also has a long list of shareholders who have more than 1% of the company.
