News > Zomato listing LIVE: Share price holding above Rs 120

Zomato listing LIVE: Share price holding above Rs 120

BusinessWorld | 23/07/2021 11:10 AM | Click to read full article

The IPO of Zomato was India's biggest initial share sale offer since March 2020 Online food ordering platform Zomato, which last week closed its mega initial public offering raising over Rs 9,000 crore, will list on the stock exchanges on Friday, days ahead of its earlier schedule of the next week.

Zomato shares surged 51.32 per cent or Rs 39 from IPO price of Rs 76. Soon after going into trade, Zomato shares hit 20 per cent upper circuit at Rs 138, nearly doubling IPO investors money.