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Zomato’s IPO will be available for subscription until Friday.

Zomato IPO Live Updates: Online meal delivery platform Zomato will launch its initial public offering (IPO) on Wednesday, July 14, 2021 at 10 a.m. The IPO – India’s largest this year – will be available for subscription until Friday July 16, 2021. Zomato IPO’s price range is set at Rs 72-76 per share of the par value of Rs 1 each and the company aims to increase Rs 9,375 crore through the offer.

The IPO includes a new issue of shares valued at Rs 9,000 crore and an Offer to Sell (OFS) valued at Rs 375 crore by existing investor Info Edge (India), which is the parent company of, according to information provided in the Red Herring prospectus.

Prior to the IPO, the main part of the offering was open on Tuesday July 13, 2021. Zomato raised over Rs 4,196 crore (Rs 41 96 51 86 380) from 186 main investors instead of Rs 55 21 73,505 shares. shares at Rs 76 each, according to stock exchange data.

Principal investors include Tiger Global Investment Fund, Blackrock, Fidelity, JPMorgan, Morgan Stanley, T Rowe Price, Canada Pension Plan Investment Board, Government of Singapore, SBI Mutual Fund, Axis Mutual Fund, Kotak Mutual Fund, UTI Mutual Fund, Motilal Oswal AMC, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Tata Mutual Fund, Goldman Sachs India, Abu Dhabi Investment Authority, Franklin Templeton, HSBC Asset Management (India), among others.

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