Zomato IPO: Firm raises Rs 4,197 crore from 186 anchor investors

Zomato has raised over Rs 4,000 crore from anchor investors as part of its IPO process. The online food delivery giant's public offering opened for subscription earlier in the day and has received a good response from retail investors.

Online food delivery giant Zomato raised Rs 4,197 crore from 186 anchor investors on Tuesday ahead of its initial public offering (IPO). The company had allotted 55.22 crore equity shares to anchor investors for Rs 76 apiece. The key anchor investors are Tiger Global, BlackRock New World Fund, Axis Mutual Fund, SBI MF, and HDFC MF. It may be noted that the funds raised through anchor investors are almost 45 per cent of the total issue size.