Zomato IPO Live Updates:Zomato IPO is fixed at Rs 72-76 per share

Zomato IPO

The Rs 9,375-crore IPO of Zomato, one of the leading food services platforms in India, has received a ‘subscribe’ rating from many analysts.

Zomato will be the first food delivery aggregator startup to get listed on the bourses.

Zomato opens its biggest public offer in last sixteen months, after SBI Card, for subscription on July 14, with a price band at Rs 72-76 per equity share.

Zomato raised over Rs 4,196 crore (Rs 41,96,51,86,380) from 186 anchor investors in lieu of 55,21,73,505 equity shares at Rs 76 each, data from the stock exchanges showed.

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