Zomato IPO released: Check price band, minimum bid and other details - News Summed Up

Zomato IPO released: Check price band, minimum bid and other details


As per the company, it aims to raise Rs 9350 Cr from the issue with a price band of Rs 72-76. Minimum bid size is 195 equity shares and in multiples of 195 equity shares thereafter. The IPO includes a reservation of up to 65 lakh equity shares for purchase by eligible employees. It has already raised Rs 4,196 crore from 186 anchor investors at a stock price Rs 76. It also boasts 1.48 lakh active restaurant partners and 1.7 lakh delivery partners.


Source: dna July 14, 2021 05:39 UTC



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