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Zomato shares News

20 Aug 2024

Antfin Singapore Holding Sells 2.1 Per Cent Stake In Zomato For Rs 4,771 crore

The Shares of Zomato rose 0.27 per cent to close at Rs 263 apiece on the BSE. In March this year, Antfin Singapore Holding pared a 2 per cent stake in Zomato for Rs 2,827 crore.

19 Aug 2024

Shares Of Zomato Hit An All-time High; Here's Why

Zomato’s stock rose by Rs 15.5, or 5.9 percent, reaching a new record of Rs 280 on the BSE.

14 May 2024

Zomato Stock Slumps After ESOP Announcement

Zomato announcing the fourth quarter of the financial year 2024 said that in the current financial year (FY25), the costs may increase due to the grant of ESOPs to senior employees and the leadership team of Blinkit.

28 Dec 2023

Zomato Stock Down After Rs 400 Crore Show-Cause Notice For GST Dues

The show-cause notice to Zomato is for the period between October 29, 2019, and March 31, 2022, according to media reports.

18 Aug 2023

Zomato's Stock Likely To Be Volatile Due To THIS Reason

Reports said, a sizeable proportion of Zomato’s shares could be available for trade in the near term.

31 Aug 2022

Order anywhere from India! Zomato begins pilot project for intercity delivery

In a founder & CEO Deepinder Goyal said through its 'Intercity Legends', Zomato is working to enable customers to order anywhere from India "legendary dishes like baked rosogollas from Kolkata, biryani from Hyderabad, Mysore Pak from Bengaluru, kebabs from Lucknow, butter chicken from Old Delhi, or pyaaz kachori from Jaipur" and deliver it the next day.

03 Aug 2022

Zomato shares fall nearly 10% in early trade

Uber is selling off its entire holding in Indian food delivery company Zomato for at least USD 373 million (Rs 2,939 crore) through a block deal of shares, merchant banking sources said on Tuesday.

02 Aug 2022

Uber may sell 7.8% stake in Zomato via block deal

The offer size of $373 million was based on the lower end of a 48-54 rupee price range set for the block deal. BofA Securities is the sole bookrunner for the deal. Zomato shares jumped nearly 20 per cent.

28 Jul 2022

Zomato allots shares worth Rs 200 crore to staff at Re 1 face value

Zomato has allotted 4.66 crore shares to its employees. The entire allotment is worth around Rs 200 crore. The face value of each share is Rs 1.

27 Jul 2022

Zomato shares up nearly 7% as analysts project bigger order volumes

Ant Group-backed Zomato made a strong debut on the Mumbai market last year, but concerns about its valuation have brought down its market value by about 68% since then.

25 Jul 2022

Zomato shares fall to their lowest levels as lock in period ends

As per reports, Zomato`s total paid up capital of the one year overhang is around 78 per cent and market experts were expecting Zomato shares to sell-off this week.

25 Jun 2022

Zomato to acquire grocery delivery platform Blinkit for Rs 4447 crore

Zomato would offer up to 629 million shares, representing a 6.88 percent ownership stake on a fully diluted basis. Zomato shares finished at Rs 70.35 on the BSE, up 1.15 percent. The Blinkit acquisition highlights the hyper-competitive and cash-hungry character of the fast commerce industry.

23 Jul 2021

Zomato CEO Deepinder Goyal takes charge of Rs 1 lakh crore company

As it got listed, the shares of Zomato surged nearly 53 per cent in its debut trade against its issue price of Rs 76. Zomato CEO Deepinder Goyal wrote a letter to the shareholders and thanked each and every startup for laying the foundations of becoming an internet giant and using it to the fullest. The inception of this idea came after they found that there is no such platform that can become a one-stop-shop for restaurant recommendations or provide reviews for restaurants.

23 Jul 2021

Here’s what Zomato CEO Deepinder Goyal said in a letter to shareholders

The stock made its debut at Rs 115, reflecting a huge gain of 51.31 percent against the issue price on the BSE. At the NSE, it got listed at Rs 116, registering a premium of 52.63 percent. The IPO had opened for subscription on July 14, in a price band of Rs 72-76 per share.

23 Jul 2021

Zomato makes a strong stock market debut, shares list at Rs 116

Zomato’s total market capitalisation stood at Rs 90,219.57 crore. Zomato becomes the first Indian unicorn to go public and will be followed by other startups including PayTm, Policy Bazaar, among others. The company fixed the price at the higher end of the offer band of Rs 72-76 for 71.92 crore shares.

23 Jul 2021

Zomato set to make stock market debut on July 23

The company fixed the price at the higher end of the offer band of Rs 72-76 for 71.92 crore shares. The Zomato IPO comprised a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale (OFS) worth Rs 375 crore. Zomato has said it will utilise the IPO proceeds for funding organic and inorganic growth initiatives and general corporate purposes.

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