Food delivery platform Zomato on Wednesday said it has incorporated a wholly-owned subsidiary in the name of Zomato Payments Pvt Ltd.
The Pro Plus will have no surge fee, no distance fee, and all Pro benefits.
As Zomato made a stellar debut on Dalal Street, its Founder and CEO Deepinder Goyal said this was a big day for the company – A new Day Zero.
The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.
Online business discovery and rewards platform Magicpin on Monday said Zomato co-founder and CEO Deepinder Goyal has joined its board as an independent director.
The offer received bids for 770.07 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed.
The retail segment of the offering has been fully subscribed in just over an hour. So far, the IPO has been subscribed around 20 percent on the first day of bidding.
The total IPO size is Rs 9,375 crore, comprising a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge (India) Ltd, Zomato said.
The initial public offer (IPO) comprises fresh issue of equity shares worth Rs 7,500 crore and an offer-for-sale to the tune of Rs 750 crore by Info Edge (India) Ltd, according to draft red herring...
Food delivery platform Zomato has sought the approval of the Competition Commission of India (CCI) to pick up 9.3 per cent stake in e-grocery major Grofers.