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Tatva Chintan IPO: How to check allotment status, latest GMP and more details
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zomato ipo listing: Zomato listing on Friday? Grey market premium climbs to 35%
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Zomato IPO: Check listing date, GMP and share allotment details
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NEW DELHI: The bumper Rs 2.13 lakh crore worth of bids put up for Zomato s initial public offering (IPO), the third-highest in Indian capital market history, have pushed the grey market premium of the stock higher, and so is investor excitement.
Investors are eagerly waiting India s first startup unicorn listing, whose share allotment is likely to be finalised by Thursday. The stock market will be shut on Wednesday on account of Bakri Id.
Last heard, unlisted shares of Zomato were commanding a Rs 16.75-17.25 premium in the grey market up from Rs 10 they was commanding just ahead of the issue. Most brokerages expect the issue to deliver solid listing gains, though many have a mixed outlook on the stock s performance over the medium term, as the issue was deemed overpriced based on several valuation parameters.
Subscribed to Zomato IPO? Check latest GMP, share allotment status, listing details
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