Zomato raises ₹8,500 crore via Qualified Institutional Placement at ₹252.62 per share

Zomato raises ₹8,500 crore via Qualified Institutional Placement at ₹252.62 per share

Food delivery aggregator Zomato has raised ₹8,500 crore by selling equity shares to qualified institutional investors. File | Photo Credit: Reuters Food delivery aggregator Zomato has raised ₹8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund houses, to fund its expansion and growth plans. Zomato, which also owns quick-commerce firm … Read more

Zomato Surges 7% On Sensex Entry, Rs 8,500 Cr QIP Plan Approval; Check Target Price

Zomato Surges 7% On Sensex Entry, Rs 8,500 Cr QIP Plan Approval; Check Target Price

Last Updated:November 25, 2024, 12:20 IST Zomato’s shares surged 7% early trading today, following its inclusion in the prestigious 30-stock Sensex index; Know latest target price Zomato Share Price Zomato’s shares surged 7 per cent early trading today, following its inclusion in the prestigious 30-stock Sensex index and the approval for its Rs 8,500 crore … Read more

Zomato Approves Grant of 12 Million ESOPs Worth Rs 330 Crore to Employees

Zomato Approves Grant of 12 Million ESOPs Worth Rs 330 Crore to Employees

At the current market price, Zomato’s entire ESOP scheme becomes worth Rs 330.17 crore. Zomato’s stock options granted shall be capable of being exercised within (a) 10 years from the date of vesting of options, or (b) 12 years from the date of listing, whichever is later under ESOP 2014 and ESOP 2021. Food delivery … Read more