Bengaluru: In the list of the first stock markets from Startup India worth more than $ 1 billion, the stock shipping company Zomato Ltd opened at a 52.6% premium for their offer price on Friday, getting a market assessment of more than Rs 1 Lakh Crore.
Market Capitalization Zomato has crossed the crore sign of Rs 1 Lakh and according to BSE, the value reaches Rs 1,02,850.31 Crore (at 10:24).
Stocks opened at RS 116 in pre-open trade compared to the price of the initial public offering (IPO) RS 76.
The company offers 1.23 billion shares for sale at the end of the tape higher, with an IPO size that appears to RS 9,375 Crore.
Listing, who advanced four days, came when the Indian stock market was near all time highs, with a strong interest for digital companies supported by foreign funds.
The food aggregator planted at home, launched in 2008, operates around 525 cities in India and has partnered with nearly 390,000 restaurants.
Offer the company last week drew an offer of $ 46.3 billion because more than 38 times overloaded, with large institutional investors also placed the main betting.
Zomato Soared Market Debut, Worth $ 12 Billion
