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What will be the Zomato listing price?
India’s leading food delivery company Zomato made a stellar debut on Dalal Street on July 23 as the stock opened at Rs 116 on the NSE, a 52.63 percent premium to its final offer price of Rs 76. The listing price on the Bombay Stock Exchange was at Rs 115, up 51.32 percent.
What is the GREY market price of Zomato?
Today Zomato.com Grey Market Premium is around ₹10 – ₹12, but yesterday it was around ₹8.75 – ₹9. Zomato IPO is subscribed 100\% on Day 1 to almost 10,000 Crore….Zomato IPO Opening End Date Price Band.
Company | Zomato |
---|---|
Shares | 65,00,000 |
Price Band | Rs. 72 to Rs. 76 per equity share |
Zomato Grey Market Premium Day 1 | ₹8 to ₹9 |
Is it worth buying Zomato IPO?
The IPO price was still reasonable, but, to buy the stock at Rs 124 is overexuberrance. We suggest investors to stay away and wait for the stock to decline to buy. Having said that, there is little doubt that the brand of zomato is solid. However, at these levels the stock is not a good buy.
Can we buy Zomato shares today?
One can buy the counter at current market price for one month target of ₹177. Zomato share price is currently quoting ₹142 per equity share at NSE (at 11:56 AM).
Currently, the Zomato Pro membership cost Rs 200 for 90 days and includes benefits like up to 30 percent extra discount on food deliveries, up to 40 percent off on dining, and faster delivery.
Who owns Zomato?
founder Deepinder Goyal
A 66\% stock jump on debut turned Zomato Ltd. founder Deepinder Goyal into a poster boy for India’s fledgling startup scene, pushing his fortune close to the $1 billion mark. Goyal is worth $650 million based on his current 4.7\% stake in Zomato, according to the Bloomberg Billionaires Index.
Is Zomato a profit?
Food delivery aggregator Zomato reported a consolidated loss of ₹356.2 crore during the quarter ended June 30, 2021. Zomato’s total revenue from operations jumped to ₹844.4 crore during the quarter under review, as opposed to ₹266 crore in the corresponding period last year.