InvestorQ : How was the response to the Zomato issue from the anchor investors?
NISHA Nayak made post
Commodities COVID-19 Fundamentals Indices IPO Macro economic outlook Market View Startups

How was the response to the Zomato issue from the anchor investors?

Answer
image
MRITUNJAY KUMAR answered.
4 months ago
Follow

More than expected.
Excellent response.

1 Views
image
Priyanka N answered.
4 months ago
Follow

On 13 July, a day ahead of the IPO opening, Zomato allotted shares worth Rs.4,196 crore to anchor investors against demand book of over Rs.100,000 crore. Zomato allocated 55.22 crore shares to 200 foreign and domestic investors at Rs.76 per share, the upper end of the price band. Marquee participants in the anchor placement included Government of Singapore, MAS, Nomura, Tiger Global, BlackRock, Axis MF, SBI MF and HDFC MF.

0 Views