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Zomato targets post-IPO valuation of ₹64,365 crore
short by Pragya Swastik / on Thursday, 8 July, 2021
Zomato is eyeing a post-issue valuation of ₹64,365 crore on a fully diluted basis if its shares are priced at the higher-end of its ₹72-76 price range. Zomato's shares will be priced between ₹72-76 apiece, up from the reported ₹70-72, which will help it raise ₹9,375 crore. The IPO will open on July 14 and close on July 16.
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