India’s biggest tech IPO is here. Food delivery startup Zomato is looking to raise almost $1.3 billion this week in an initial public offering in Mumbai, the company said in a recent regulatory ...

India’s biggest tech IPO is here. Food delivery startup Zomato is looking to raise almost $1.3 billion this week in an initial public offering in Mumbai, the company said in a recent regulatory ...

The Zomato IPO is incredibly important. As our own Manish Singh reported when the company’s numbers became public, a “successful listing [could be] poised to encourage nearly a dozen other ...

Zomato offered 1.23 billion shares, valuing the IPO at ₹93.75 billion ($1.3 billion). The company issued new shares worth up to ₹90 billion ($1.21 billion) as well as up to ₹3.75 billion ($50.4 ...

Zomato IPO may hit markets on July 19 and the price band is likely to be set ₹ 70-72 per share, according to a report. 2. The Zomato IPO will see a dilution of 10-15 per cent.

MUMBAI (Reuters) -A stock offering by Indian food delivery startup Zomato drew bids worth $46.3 billion as it was more than 38 times oversubscribed on Friday, signalling investors were bullish ...

Zomato’s losses more than tripled in its first quarterly earnings report since its listing last month as the company’s expenses grew and the pandemic hit the firm’s dining-out business.

In 2021, as Zomato was gearing up for its IPO, the company faced considerable financial challenges, reporting substantial losses. During the fiscal year 2021, Zomato’s revenue fell by 23% year ...

India’s biggest tech IPO is here. Food delivery startup Zomato is looking to raise almost $1.3 billion this week in an initial public offering in Mumbai, the company said in a recent regulatory ...

The $1.3 billion IPO of Zomato, which is backed by China's Ant Group , opens new tab, was the first in India's food delivery sector. Itwas priced at 72 to 76 rupees per share, giving it a ...