Zomato’s Initial Public Offer (IPO), an online food delivery platform, has been receiving overwhelming response. Today is the last day of IPO of this company. This means investors have the last chance to bet on an IPO. Investors are allowed up to 5 pm for this.
Two Days of Data: Zomato’s initial public offering (IPO) is 4.8 times more subscribers than the second day, Thursday. Stock exchange data shows that Exchange Tomato sold 71.92 crore shares but so far it has received a bid for 344.76 crore shares.
Biggest IPO since March 2020: It is said to be India’s largest IPO since March 2020. The SBI Cards IPO was launched last March. Corona also affected the IPO of SBI cards. Due to this, the investor’s investment in SBI cards at the time of listing is lower than expected.
The stock market closed at record highs, with the Sensex reaching a new high for the 12th time this year
4,196 crore from anchor investors. The O Tomato IPO price range is Rs 72-76 per share. Zomato has already received $ 4,196.51 crore from Anchor Investors as of July 13. The size of the IPO fell from Rs 9,375 crore in the previous year to Rs 5,178.49 crore. Jack Ma’s Ant Group-backed company is the first organization to IPO in Indian Unicorn Startups. According to this IPO, the Tomato Valuation is worth Rs 64,365 crore.