Swiggy to raise ₹11,300 cr at price band of ₹371-390; IPO to open on Nov 6
The IPO is a mixture of a fresh issue of shares worth ₹4,500 crore and an offer for sale of ₹6,800 crore by existing shareholders.
The IPO is a mixture of a fresh issue of shares worth ₹4,500 crore and an offer for sale of ₹6,800 crore by existing shareholders.
The food delivery platform clarified that the fee hike applies to select cities
Zomato continues to remain one of the preferred stocks among new age companies, say brokerages.
Segment-wise, the company’s food ordering and delivery business grew 30% from ₹1,546 crore to ₹2,012 crore, while the Hyperpure B2B business nearly doubled its revenue from ₹745 crore to ₹1,473 crore.
The highest-selling by mutual funds was observed in HDFC Bank, RIL, Apollo Hospitals and Infosys shares.
Market lauds new-age firms’ role in the country’s digital transformation, boosting promoter wealth.
Zomato shuts down 'Legends' after two years of trying and not finding a product market fit, says Deepinder Goyal.
Acquisition of Paytm's movie and events ticketing business will allow Zomato to expand in 'going-out' segment, while Paytm to shift focus on core financial services
As part of the deal, Paytm will transfer its ticketing businesses, TicketNew and Insider, along with 280 existing employees, to Zomato.
As many as 20.14 crore shares, representing around 2.2% stake in the restaurant aggregator, were sold in the block deal at a floor price of ₹258 apiece.