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Today's Special: Zomato Starts Trading At Rs 116, A Premium Of 52%

Today's Special: Zomato Starts Trading At Rs 116, A Premium Of 52%

NDTV
Friday, July 23, 2021 04:42:48 AM UTC

At 10:05 am, Zomato shares were trading at the day's high of Rs 134.70, up 77.63 per cent on the BSE and Rs 135.60, up 77.57 per cent on the NSE

Zomato shares have made a stellar debut on the bourses after the share listing was advanced from the scheduled date of July 27. The shares of the food startup opened at Rs 116, a premium of Rs 53 per cent compared to the issue price of Rs 76. At 10:05 am, Zomato shares were trading at the day's high of Rs 134.70, up 77.63 per cent on the BSE and Rs 135.60, up 77.57 per cent on the NSE. On the day of our listing, here's something I want to share with our shareholders, and India's startup ecosystem. https://t.co/BAIM8bTATYThe future looks exciting. I don't know whether we will succeed or fail – we will surely, like always, give it our best. Ahead of the listing, Deepinder Goyal, Founder, Zomato expressed optimism about the company. The IPO of the online food delivery service provider is the second largest IPO after the Rs 15,199.44 crore Coal India share sale way back in October 2010. It is also the first Indian mega startup to go public, paving the way for the other leading digital companies such as Paytm, Flipkart and Ola to take the IPO route.
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