Exclusive Zomato IPO details
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Zomato IPO, which received approval from Sebi last week, is expected to open for subscription in less than two weeks, sources told us. Paytm, meanwhile, will probably file its draft IPO papers soon after its extraordinary general meeting on July 12. Read on for more exclusive details on the two long-awaited IPOs.
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Zomato’s much-awaited initial public offer (IPO) is expected to open for subscription on July 19 at a price band of Rs 70-72 per share, people with direct knowledge of the development told us.
Info Edge will now only sell shares worth ₹375 crore in Zomato IPO businessinsider.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.in Daily Mail and Mail on Sunday newspapers.
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This report focuses on the online food delivery services market which is experiencing strong growth. The report gives a guide to the online food delivery services market which will be shaping and changing our lives over the next ten years and beyond, including the market s response to the challenge of the global pandemic.
Major players in the online food delivery services market are takeaway.com, Doordash, Deliveroo, Uber eats, Zomato, Swiggy, Domino s pizza, Grubhub, foodpanda, and Just eat.
The global online food delivery services market is expected grow from $115.07 billion in 2020 to $126.91 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and
Online food ordering platform Zomato has filed draft papers with the Securities and Exchange Board of India (Sebi) for a Rs 8,250-crore initial public offering (IPO).
The share float comprises fresh issue of equity shares worth Rs 7,500 crore and offer for sale worth Rs 750 crore by Info Edge (India) Ltd. At present, Info Edge holds 18.55 per cent in Zomato, while the Alibaba group owns 16.53 per cent of the restaurant aggregator via Alipay and Antfin. On Tuesday, Info Edge had said that it will sell stake worth Rs 750 crore in the Zomato IPO.
Zomato’s much awaited IPO comes at a time the country is passing through a second wave of the Covid pandemic. This has led to a rise in demand for its services. In a note earlier this year, analysts at Bernstein had said that India’s food services market is large and expected to reach $74 billion by 2023-24.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Online Food Delivery Services Market Report 2021: COVID-19 Growth, Impacts and Change to 2030 - ResearchAndMarkets.com
April 29, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 29, 2021
This report focuses on the online food delivery services market which is experiencing strong growth. The report gives a guide to the online food delivery services market which will be shaping and changing our lives over the next ten years and beyond, including the market’s response to the challenge of the global pandemic.
Major players in the online food delivery services market are takeaway.com, Doordash, Deliveroo, Uber eats, Zomato, Swiggy, Domino’s pizza, Grubhub, foodpanda, and Just eat.