Photo: Zomato
Zomato Is Now On BSE; Market Cap Reaches Rs 1 Lakh Cr
Food delivery giant, Zomato was marked as India's first unicorn to list on the stock exchanges on July 23. On the BSE, it was listed at Rs 115, a premium of 51.32% over the issue price of Rs 76. The stock debuted on the NSE at Rs 116. Zomato also bags a position among the Top 100 listed businesses in terms of market capitalization worth Rs 1 lakh crore.
Tags: ZOMATO, IPO, Market Capitalization, business
Courtesy: The Economic Times
Photo: Business Standard
Zomato's Much Awaited IPO To Launch On 14th July 2021
Zomato bags the 78th position among the top firms in India by market value as it announces a post-money valuation of Rs 59,623 crore. The food giant has set the offer price for its IPO at Rs 72-76 a share. The share sale (IPO) of Zomato will be open for subscription from 14-16 July. Meanwhile, Zomato is expecting to make a rough profit of Rs 15,000 crores post its IPO.
Tags: IPO, ZOMATO, food, FOOD-DELIVERY SERVICES
Courtesy: Hindustan Times
Photo: PYMNTS.com
Zomato Lists For IPO Of Rs 8,250 Cr As It Logs Double Growth In 2020
Food delivery service giant Zomato is set to go public as its rapid growth has propelled it to file for an Initial Public Offering (IPO) worth Rs 8,250 crore. Currently having a $5.4-billion market value, Zomato's year-on-year revenue growth for FY2020 clocked double to around Rs 2,960 crore. Zomato has also renamed itself as Zomato Ltd. as a part of preparation to become a public limited company.
Tags: Food Delivery, ZOMATO, IPO, Zomato Ltd
Courtesy: LiveMint
Photo: Currency Live
Indian Rupee Only Flourishing Asian Currency In March Month
Indian rupee has emerged as the only thriving Asian currency in the month of March, owing to foreign investments attracted by share-sale offers. Reportedly, $2.4-billion worth international acquisitions of local stocks and an array of initial public offerings improved rupee's stature by 1.3% this month. Public companies raising $1 billion-plus loans and the RBI allowing the currency appreciation have also been driving factors. However,… read-more
Tags: Rupee, Asian currency, risk assets, IPO, Dollar, RBI
Courtesy: Livemint
Photo: The Economic Times
Kalyan Jewellers To Go For Rs 1,175 Cr IPO Launch From March 16-18
India's biggest jewellery group Kalyan Jewellers plans for an Initial Public Offering during March 16-18. Reportedly, the price cap of shares has been set at Rs 86-87, along with a total share sale of Rs 1,175 crore. While capping 50% and 35% of the total issues respectively for institutional buyers and retail investors, Rs 20 million have been reserved for eligible employees. Currently, Kalyan Jewellers has over global 100 showrooms clocking… read-more
Tags: Kalyan Jewellers, IPO, SEBI, Stock market, Indian Stock Market
Courtesy: Your Story.Com
Photo: Groww
Indigo Paints Bullish On Stock Market Debut With 85% Premium
Shares of Indigo Paints on February 2 soared by 85% to Rs 2,756.30 in the Bombay Stock Exchange from its issue price of Rs 1,490 on its stock exchange debut. The increase was credited to the optimism following the Union Budget. Reportedly, Indigo's Initial Public Offering (IPO) was subscribed 117 times by institutional and HNI investors, resulting in bids for the 64.58 crore shares. Indigo is ranked among top 5 paint companies in India.
Tags: BSE, Indigo Paints, IPO, Stock market, business
Courtesy: Times Now
Photo: The Economic Times
Nazara Tech - First Indian Gaming Startup To Enter Dalal Street
Indian investor Rakesh Jhunjhunwala financed Nazara Technologies Ltd - one of India's biggest interactive gaming and sports media companies - became the first Indian gaming technology company to enter the stock market. Though the firm got SEBI’s approval to file Initial Public Offer in 2018, it had filed IPO documents on January 15. Reportedly, Nazara will float 55,43,052 shares equity shares in the market that will be managed by ICICI… read-more
Tags: Nazara, Rakesh Jhunjhunwala, Gaming, SEBI, IPO, Startups
Courtesy: Times Now News
Photo: Office Chai
Ant Group Halts IPO Process; Jack Ma Loses $3 Billion
Ahead of the world's biggest Initial Public Offering (IPO), Ant Group's listing at the Shanghai and Hong Kong markets was halted after the company's owner Jack Ma was called for a "supervisory interviews". Also, Ma lost $3 billion after Alibaba's shares at the New York trading slipped by 8.1%. The IPO, which attracted orders worth $3 trillion, would have propelled Jack Ma to become Asia's richest person.
Tags: Jack Ma, Ant Group, IPO, Regulatory Filings
Courtesy: Live Mint
Photo: The Wall Street Journal
Jack Ma's Ant Group IPO Attracts Orders Worth $3 Trillion From Investors
Alibaba's Jack Ma-backed Chinese fin-tech firm Ant Group's Initial Public Offering (IPO) has attracted orders worth $3 trillion by individual and institutional investors in Hongkong and Shanghai markets. Interestingly, the bids are equivalent to the UK's GDP and higher than India's GDP. Reportedly, the IPO is expected to bag $34.5 billion, breaking the previous record of Saudi Aramco ($29.4 billion). Reportedly, the company will begin trading… read-more
Tags: IPO, Ali Baba, Ant Group, Investments, HONGKONG, China
Courtesy: Business World
