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Updated Jul 24, 2021 | 08:29 IST The value of Sanjeev Bhikchandani-led Info Edge’s stake in Zomato, estimated to be 18.55% increased more than 1,000 times, from its initial worth of Rs 4.7 crore to Rs 15,000 crore as of July 23. Naukri.com parent’s Rs 4.7 crore investment in Zomato up 1,000 times&nbsp | &nbspPhoto Credit:&nbspPTI Key Highlights Value of Info Edges 15.23% stake in Zomato is now worth over Rs 15,000 crore as of Friday closing prices Chinas Ant Group ho...

InfoEdges Rs 4.7 crore investment in Zomato is now worth Rs 15,000 crore SECTIONS Share Reuters FILE PHOTO: 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, 2021. REUTERS/Florence Lo/Illustration Info Edge, the earliest and biggest backer of Zomato, has seen the value of its stake in the company skyrocket to Rs 15,000 crore, or 1,050 times its initial investment of Rs 4.7 c...

Zomato closes the initial day at a 66% premium on issue price Stock opened at a more than 50 per cent premium on is debut day Mumbai: The much-awaited Rs 9,375-crore Zomato IPO listed on the exchanges on July 23rd. After a robust response to the subscription, the Zomato shares made a strong stock market debut, closing the initial day of trade at Rs 126 per share. Zomato’s stock price was up 66 per cent from the IPO price of Rs 76. The stock opened at Rs 116 on NSE which is at a 52 percent ...

Food delivery giant Zomato has made a stellar debut on the bourses with its shares listing at Rs 116 on the National Stock Exchange (NSE), a 53 per cent premium against its issue price of Rs 76 per share. On the BSE, the stock listed at Rs 115, a 51 per cent jump over its issue price. Post listing, the stock hit the upper circuit of 20 per cent at Rs 138, up 82 per cent compared to its issue price on the BSE. A strong listing saw Zomato’s market capitalisation (market-cap) cross the Rs 1 tril...

[Exclusive] Zomato IPO: Re-imagining the future of food Updated Jul 23, 2021 | 11:19 IST | Mohit Bhatnagar The company’s 13-year journey from idea to IPO has been marked by several misses, many wins and a ton of learning along the way Zomato IPO: Re-imagining the future of food&nbsp By Mohit Bhatnagar, Managing Director, Sequoia Capital India In 2006 Deepinder Goyal decided to upload the menu from Bains cafeteria to the company’s intranet to de...

Zomato shares listing today; Grey market premium rises to 35 per cent Zomato shares will be listed on the stock exchanges -- NSE and BSE on Friday. Zomato is an online food ordering platform. The company finalised the allotment of its IPO on Thursday evening. The equity shares of Zomato were likely to be listed on the stock exchanges on July 27 (Tuesday). However, the company decided to postpone the date. "Effective from Friday, July 23, 2021, the equity shares of Zomato Limited shall be listed...

Highlights The company fixed the price at the higher end of the offer band of Rs 72-76 for 71.92 crore shares. The Zomato IPO comprised a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale (OFS) worth Rs 375 crore. Zomato has said it will utilise the IPO proceeds for funding organic and inorganic growth initiatives and general corporate purposes. Food delivery platform Zomato is set to make its debut on the stock market on July 23 with its shares getting listed on the Bomba...

Todays Special: Zomato Starts Trading At Rs 116, A Premium Of 53% Zomato IPO listing: At 10:05 am, Zomato shares were trading at the days high of Rs 134.70, up 77.63 per cent on the BSE and Rs 135.60, up 77.57 per cent on the NSE Updated: July 23, 2021 11:02 am IST Zomato IPO is the second largest IPO after the Rs 15,199.44 crore Coal India in October 2010 Highlights Zomato IPO was subscribed 38.25 times, retail segment, 7.45 times Zomato IPO is 2nd largest IPO after Rs 15,199.44 crore Coal...

E-commerce draft policy & recommended changes Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch Earlier this month, online retailers had raised concerns about the draft e-commerce rules with government officials and sought more time to suggest changes. As the deadline to submit feedback comes to an end, we bring you all the suggestions given by industry groups. Also in this letter: Govt plans ...

Jul 17, 2021 This recognition by AmbitionBox is India’s First Employee Choice Award. The awards also constitute an industry-wise ranking for the best workplaces in various industries such as IT/ITES, Pharma, Banking, Financial Services, Internet, Automobile, Retail and Construction.   “It has been a tremendous year of growth for Shriram City. We have a strong workforce of 25,000 team members and in 2021 we were able to grow the business, while preserving a positive workplace environment, b...