Posted on May 7, 2021
Zomato is coming up with IPO soon. They submitted DRHO with SEBI. IPO launch date is yet to be announced. One of the existing shareholders of Zomato Naukri will be selling Rs. 750 crores of shares in the IPO (Offer for sale or OFS). Zomato is planning to raise 7500 crores in form of a fresh issue of shares. This will make the IPO a Rs. 8,250 crore issue. Readd more details of this IPO in below post.