Zomato Limited IPO to open on July 14, 2021
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Zomato Initial Public Offer to open on July 14, 2021
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Zomato files DHRP for ₹8,250 crore IPO
April 28, 2021
Of this, ₹7,500 crore will be fresh equity shares Online food delivery platform Zomato has filed its DHRP (Draft Red Herring Prospectus) with SEBI today.
As per the filing, Zomato will offer equity shares amounting to ₹8,250 crore, of which ₹7,500 crore will be fresh equity shares and ₹750 crore will be on sale from its investor Info Edge India Limited, which will be selling its stake in Zomato.
On April 27, Info Edge India had said that it will sell shares amounting to ₹750 crore in the Zomato IPO.
Info Edge is the largest shareholder and controls 18.5 per cent in the company, followed by Uber B.V. holding 9.13 per cent, with Alipay Singapore Holding Pte. Ltd and Antfin Singapore Holding Pte. Ltd holding close to 8.33 per cent and 8.22 per cent in the company respectively.
Zomato IPO: Info Edge to sell stake worth Rs 750 Cr
In a regulatory filing, Info Edge said online food delivery platform Zomato is proposing an IPO of its equity shares, comprising a fresh issue of equity shares by Zomato Ltd and an offer for sale by Info Edge (India) Ltd.
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Info Edge on Tuesday said it would sell stake worth Rs 750 crore in the initial public offering (IPO) of its
investee company Zomato.
In a regulatory filing, Info Edge said
Zomato, an online food delivery platform, was proposing an IPO of its equity shares, comprising a fresh issue of equity shares by Zomato Ltd and an offer for sale by Info Edge (India) Ltd.