A conversation on Twitter between food delivery company Zomato and PayTM, which operates in two different regions of the country, remains a matter of public debate. Saturday was Zomato’s 13th foundation day. On this occasion, a large number of people turned to online food delivery company Zomato. But there has been a lot of talk about birthday wishes made by PayTM. Happy Birthday to Om Tomato, Tweet the Tweety, ‘Happy Birthday to you too. We were paying for a surprise cake from Zomato, but the surprise was wasted. In such a situation, there will be a surprise emoji cake. To which Jomatto responded, ‘Thank you! Our finance team is saying we can’t treat Paytm for emoji cakes.
Aside from the results of the IT companies this week, the market direction on these will be determined, know what the experts say
Thanks!
Our finance team is saying you can’t pay for an emoji cake, so we hope it works
– Tomato July 10, 2021
PaytiM founder Vijay Shankar wished Zomato a happy birthday and said, ‘Happy Birthday Dear Jomato! Congratulations on behalf of our entire Paytm family. Step into a good stock market. He wrote in another tweet, ‘Your surprise gift will be received on Monday at PaytmMoney.’ Oma Tomato is bringing its IPO on the 14th of this week.
…. and a surprise gift for you on Monday aypaytmMoney 🤩
– Vijay Shekhar Sharma (@ VijayShekhar) July 10, 2021
Oma Tomato is priced at Rs 72-76 per share at Rs 9375 crore. The issue proposal includes new equity shares and an offer for sale (OFS) of InfoEdge, a parent company of Naukri.com. Investors of the company include Information Edge, Sequoia, Ant Financials and Uber, and the company has no promoters.
In the company’s mega IPO, 75 percent is reserved for qualified institutional buyers (QIBs) and 15 percent for non-institutional investors (NIBs). 10% of the public issue is reserved for retail investors. 65 lakh shares of stock are reserved for the employees in the IPO. In the financial year 2020, Oma Tomato will cost Rs 2742 crore. At the time of the epidemic, the company was worth Rs 1367 crore. Has gained and yet the Zomato Company is at a loss.