Zomato IPO

Expert talks: Zomato and the Buzz around it's IPO after debut at stock market

This intrigued me and I confess to having looked up, not so much the Zomato stock and its valuation, but the Food Delivery Business it is engaged in.

published on : 9th August 2021

Is the Zomato IPO euphoria sustainable?

There is a big buzz about the Zomato IPO. The online food delivery service has caught the investors’ eye and the Rs 9,375 crore offer has seen over-subscription 38.24 times.

published on : 25th July 2021

Bumper listing for Zomato; shares zoom nearly 66 per cent 

Zomato's initial public offering (IPO) last week ended with a bumper 38 times subscription. The IPO of Zomato was India's biggest initial share sale offer since March 2020.

published on : 23rd July 2021

Bumper debut for Zomato, shares list with nearly 53 per cent premium

The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE.

published on : 23rd July 2021

Swiggy raises USD 1.25 billion from SoftBank, others

This comes close on the heels of the closure of competitor Zomato's mega initial public offering (IPO) which gives Zomato a valuation of Rs 64,365 crore.

published on : 20th July 2021

Why you should take note of IPOs like Zomato

Sooner than later, they may get into benchmark indices like the Sensex or the Nifty. That is what drives a lot of long-term investors like mutual funds and pension funds to invest.

published on : 12th July 2021

Zomato's Rs 9,375-crore IPO to list on July 14; valuation may cross Rs 65,000 crore

Zomato has proposed to open its bid offer for institutional/ retail investors on stock exchanges from July 14-16, earlier than the proposed dates, signalling a peaked interest from the market. 

published on : 8th July 2021

Zomato gets Sebi's go-ahead to float Rs 8,250-crore IPO

Last year, Zomato founder and CEO Deepinder Goyal had told employees that the company was planning to go for an IPO in the first half of 2021.

published on : 5th July 2021

Amazon may play a spoilsport in Zomato’s IPO ambitions

Amazon’s entry into the food delivery segment signals bad news for both Zomato and Swiggy  as has been the case with the US e-tailer’s competitors worldwide.

published on : 20th March 2021