Zomato raises Rs 8,500 crore via QIP, Motilal Oswal emerges

Big challenge for Swiggy as Zomato raises Rs 8500 crore in first fundraise since...
India's leading multinational restaurant aggregator and food delivery company Zomato has raised $1 billion (Rs 8,500 crore) from institutional investors, completing its first major fundraise since its July 2021 Initial Public Offering (IPO).
Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
Zomato believes it needs to enhance its cash balance given the competitive landscape, with rivals Swiggy and Zepto gearing up to stay in the competition.
Zomato raises Rs 8,500 crore via QIP, Motilal Oswal emerges as biggest domestic investor
Zomato raised Rs 8,500 crore through QIP by issuing and allotting 33 crore equity shares at an issue price of Rs 252.62 per share. The company's board approved this fundraising initiative, which was announced last month.
Zomato QIP: Company raises Rs 8500 crore at Rs 252.62 per share; F&O entry from today
Zomato has announced the closure of Qualified Institutional Placement (QIP). The online food delivery company said that it raised Rs 8,500 crore through QIP. It allotted as many as 33.65 crore shares at a floor price of Rs 252.
Zomato raises Rs 8,500 crore via QIP at Rs 252.62/share; Should you Buy, Sell or Hold this recent entrant in F&O segment
Food delivery giant Zomato has successfully raised Rs 8,500 crore through a Qualified Institutional Placement (QIP), issuing 33.65 crore equity shares at Rs 252.62 per share. The issue price reflected a 5% discount to the floor price of Rs 265.
Swiggy Stock Check: Share up 20% in one week; is it still a buy? Here's what technical and fundamental experts suggest
Swiggy's shares have increased by 26% since its IPO, reaching ₹491.70. Analysts have mixed views, with some projecting ...
Zomato raises $1B in first major fundraise since 2021 listing
Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise ...
Swiggy vs. Zomato: A Story of Competition and Growth
A spotlight on India’s food delivery giants, their rivalry, innovations, and quick commerce strategies shaping the future of ...
ET Now on MSN18m
Swiggy Q2 results FY25 date, time: First-ever quarterly earnings since IPO listing - Conference call schedule
Food delivery giant Swiggy will soon announce its Q2FY25 results post Rs 11,327 crore IPO. Moreover, Swiggy shares jumped ...
inc421d
How WAAYU Plans To Eat Into Swiggy & Zomato’s Market Share With Its Zero-Commission Strategy
WAAYU charges a one-time setup fee of INR 4,650 and a monthly subscription fee of INR 1,200 from individual restaurants, ...
Paytm, Ola Electric, Zomato & Swiggy: Here's what Rudra Murthy says on these 4 new-age stocks
When asked to select stocks from the new-age space, the market expert picked One 97 Communications Ltd (Paytm's parent) and ...
The Financial Express10d
Zomato Vs Swiggy: What’s a better stock to bet on at current levels
Swiggy’s share price had a robust debut on the NSE, opening at Rs 420 per share—up 7.69% from its issue price of Rs 390. In ...
inc422d
Swiggy Rallies 8% Amid Broader Market Decline
Shares of Swiggy rallied over 8% on November 27 to INR 499 apiece on the BSE despite a decline in the broader Indian markets.
Indiatimes on MSN9d
Zomato CEO has a 'complacency message' for Swiggy's 500 new crorepatis and the company
Following a successful IPO that created numerous millionaires among its staff, food delivery giant Swiggy receives a ...
Zomato eyes 30% growth in food delivery as Swiggy’s IPO sparks industry optimism
Zomato, a leading player in this arena, projects a robust 30% annual growth rate for its core food delivery business over the ...