zomato IPO: Zomato may go for a pre-IPO placement of Rs 1,500 crore
Explore Now MUMBAI/BENGALURU: Online food delivery and restaurant discovery platform Zomato filed its much-anticipated draft red herring prospectus (DRHP) with markets regulator Sebi on Wednesday, seeking to raise more than a billion dollars through a combination of fresh equity issue and sale of existing shares. Zomato said it intends to garner ₹8,250 crore (about $1.1 billion) through its public listing. Of this, ₹7,500 crore (approximately $1 billion) will be through a fresh issue of equity shares. The rest, amounting to ₹750 crore, will be raised through an offer for sale (OFS) by e...
Source: indiatimes.com