Zomato IPO opens on July 14, price band fixed @Rs 72-76

Zomato will raise Rs 9,000 crore through the issue of fresh equity shares, while investor Info Edge India will sell some stake worth Rs 375 crore. It earlier had plans to offload stake worth Rs 750 crore. Investors can make a bid for a minimum of 195 equity shares and in multiples of 195 shares thereafter. The issue closes on July 16 for subscription.

from Markets-Economic Times https://ift.tt/3hIiva9