Zomato debuts at 66% premium
The Hindu
Shares of online food delivery and restaurant listing platform Zomato Ltd. on Friday debuted on the stock exchanges at a premium of 66% to the allotment price.The shares got listed at ₹115 a piece on
Shares of online food delivery and restaurant listing platform Zomato Ltd. on Friday debuted on the stock exchanges at a premium of 66% to the allotment price. The shares got listed at ₹115 a piece on the BSE and hit the upper circuit at ₹138 before closing at ₹125.85, rising almost 66% from the allotment price of ₹76. The company raised ₹9,375 crore from the market and the IPO was subscribed 38 times.
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