The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Business

Zomato stock price up by 66% from IPO price

by TLN Team July 23, 2021July 23, 2021
written by TLN Team July 23, 2021July 23, 2021

The online food delivery giant Zomato’s stock price on July 23, was up 66 percent or Rs 50 from IPO price of Rs 76. On opening day, Zomato shares hit 20 per cent upper circuit at Rs 138, nearly doubling IPO investors money.

The increase in stock price is made it the 13th IPO since 2020 to record listing gains of more than 50 percent in the opening tick.

The stock opened at Rs 116 on the NSE, a 52.63 percent premium to its final offer price of Rs 76.

Zomato shares made a strong stock market debut on Friday, closing the initial day of trade at Rs 126 per share on the NSE.

The total market value of the online food delivery platform stood at Rs 98,211 crore on the closing day. While on BSE, Zomato shares closed 65 per cent or Rs 49.86 higher at Rs 125.85 apiece.

Around 451 lakh shares were exchanged on BSE, while 69.48 crore units traded on NSE. The Rs 9,375-crore IPO was sold in a price band of Rs 74-76 a share during 14-16 July. The IPO saw a subscription of over 38 times, receiving a robust response from all pockets of investors. This is the largest to hit Dalal Street since SBI Cards and Payment Services’ Rs 10,341-crore IPO in March 2020.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
36 died in Raigad district due to landslides
next post
Nagpur metro, work on Reach II progressing at rapid pace

You may also like

Session on Maharashtra Budget & Opportunities in Solar...

March 17, 2023

BCI allows foreign lawyers, law firms to practice...

March 16, 2023

VIA LEW celebrated International Women’s Day & felicitated...

March 15, 2023

VIA LEW celebrates International Women’s Day on March 15

March 13, 2023

Asian Scenario on Infrastructural Development: ASID2023

March 10, 2023

Mah economy expected to grow at 6.8% in...

March 9, 2023

Tax awareness program on ”Making march meaningful

March 8, 2023

MIHAN signs Memorandum of Cooperation with CIDC, Construction...

March 6, 2023

CREDAI Nagpur Metro organizes presentation on real estate...

March 6, 2023

Honda Cars India launches New City and New...

March 2, 2023

Trending News

  • Salman Khan receives threat on email from Bishnoi gang, FIR filed

    March 19, 2023
  • Leopard from Pakistan enters Indian territory, watch video

    March 19, 2023
  • New COVID protocol for cricketers ahead of IPL 2023

    March 19, 2023
  • COVID-19 pandemic likely to settle as seasonal flu : WHO

    March 19, 2023
  • H3N2 Influenza: Maharashtra reports 2 deaths, Nagpur 1& Ahmednagar 1

    March 15, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

July 2021
M T W T F S S
« Jun   Aug »
 1234
567891011
12131415161718
19202122232425
262728293031  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.