Zaomato makes a stellar debut on Stock Exchange with 51% over Issue Price,Market Cap crosses Rs.1 Lakh Crore

Zamata is listed on 23 july,issue size 9375,ipo offer price 76, share debut price 115, closing price 125.85 .Zomato listed at Rs.115 on the BSE a premium of 51% over the IPO Price of Rs.76 and went as high as 81% over the issue price to log a day's high 138.It closed at 125.85.Zomato valuated in to the elite club of the top 50 most valued companies with its market capitalization briefly crossing Rs.1 lakh crore during the day

Infoedge has 16.18% share,China's Ant Group 16.50%,Uber 9%,Sequoia 7.30%, Tiger Global 5% ( Newyork based),Kora 5% ( New York) .

Infoedge's Rs.4.7 crore investment in Zomato now worth over Rs.15000 crore.Infoedge sold about 2.32 % of its stake ,or 49.3 million shares as part of Zomato's offer for sale and continues to hold around 15.23% ,which was valued at Rs.15000 crore as of July 23.

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