Zomato's big-bang market debut mints 18 $ millionaires

Zomato's big-bang market debut mints 18 dollar millionaires
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Synopsis
Cofounder and chief executive Deepinder Goyal's 5.5% stake was worth Rs 4,650 crore at the close of trade.
ETtech
Zomato’s big-bang
public market debut on Friday has spawned about 18 dollar-millionaires.
Cofounder and chief executive Deepinder Goyal’s 5.5% stake, which included employee stock ownership plans (Esops), was worth Rs 4,650 crore ($624 million) at the close of trade.
Among other key executives, cofounder and chief technology officer Gunjan Patidar’s shares and Esops were cumulatively worth Rs 363 crore. Other top gainers included Mohit Gupta,
a cofounder and the head of new businesses at
Zomato, whose Esops were worth Rs 195 crore.

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