Leading online food delivery giant Zomato has delivered a bumper listing treat to investors after the firm’s initial public offering (IPO). Zomato’s stock got listed on the National Stock Exchange (NSE) at Rs 116 per share — a 53 per cent premium on its final offer price of Rs 76. On the Bombay Stock Exchange (BSE), it opened at Rs 115 at a premium of over 51 per cent.After getting listed, Zomato’s market capitalisation soared over Rs 1 lakh crore on the NSE. The firm’s m-cap has increased to Rs 1,08,067, highlighting the strong stock market debut.
Leading online food delivery giant Zomato has delivered a bumper listing treat to investors after the firm’s initial public offering (IPO). Zomato’s stock got listed on the National Stock Exchange (NSE) at Rs 116 per share — a 53 per cent premium on its final offer price of Rs 76. On the Bombay Stock Exchange (BSE), it opened at Rs 115 at a premium of over 51 per cent.After getting listed, Zomato’s market capitalisation soared over Rs 1 lakh crore on the NSE. The firm’s m-cap has increased to Rs 1,08,067, highlighting the strong stock market debut.