Zomato raises USD 1 bn via QIP

Zomato’s INR 8,500 Cr Refuel
It’s not just about delivery — the fundraise also positions Zomato to invest heavily in its District and going out platform
Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
Zomato believes it needs to enhance its cash balance given the competitive landscape, with rivals Swiggy and Zepto gearing up to stay in the competition.
Zomato raises ₹8,500 crore through QIP
Zomato raises ₹8,500 crore through QIP, shares trading at ₹280.95; funds to boost growth, technology, and acquisitions.
Zomato Raises INR 8,500 Cr Via QIP At An Issue Price Of INR 252.62
Zomato has raised INR 8,500 Cr via qualified institutional placement (QIP) of 33.64 Cr equity shares at an issue price of INR 252.62 apiece.
Zomato opens ₹8,500 crore QIP offering, sets floor price at ₹265.91 per share
Shares of Zomato ended at ₹272.90 on the BSE, up 3.3% on Monday on the back of two triggers — the company's inclusion in the 30-stock BSE Sensex and an approval for its ₹8,500 crore Qualified Institutional Placement (QIP).
Zomato Raises USD 1 Billion via QIP: Motilal Oswal, ICICI Prudential Invest
Zomato raises Rs 8,500 crore through QIP, led by domestic investors like Motilal Oswal and ICICI Prudential, to fuel expansion and growth.
Zomato’s QIP at Rs 265.91 per share; shares in focus on fundraising plans
Zomato shares are likely to draw attention as the company kicks off its first qualified institutional placement (QIP) since its IPO in July 2021. The floor price is set at Rs 265.91 per share. Proceeds will primarily support the expansion of its quick commerce arm Blinkit, alongside advertising and marketing efforts.
Zomato, multibagger stock: Key takeaways from QIP filing, share price target
Zomato shares climbed 2.87 per cent to hit a high of Rs 288.20. Kotak's target price on Zomato suggests a 9 per cent potential upside on the counter over the prevailing price.
Zomato raises Rs 8,500 crore via QIP, Motilal Oswal emerges as biggest domestic investor
Zomato raised Rs 8,500 crore through QIP by issuing and allotting 33 crore equity shares at an issue price of Rs 252.62 per share. The company's board approved this fundraising initiative, which was announced last month.
Zomato Raises Rs 8,500 Crore from Institutional Investors To Fuel Growth
The company opened its Qualified Institutional Placement (QIP) issue on November 25, which closed on Thursday.
Zomato raises USD 1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors
Food delivery aggregator Zomato has raised Rs 8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund houses, to fund its expansion and growth plans
Zomato’s QIP; subsidy package for electronics
Australia's under-16 social media ban■ Trump win boosts IT stocks■ India expands EV incentivesZomato closes Rs 8,500 crore ...
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Zomato launches $1Bn QIP to fund Blinkit expansion
Food delivery aggregator Zomato has finally initiated its Qualified Institutional Placement (QIP) issue, with the goal of ...
The Financial Express2d
Zomato raises Rs 8,500 crore via QIP at Rs 252.62/share; Should you Buy, Sell or Hold this recent entrant in F&O segment
Zomato has successfully raised Rs 8,500 crore through a Qualified Institutional Placement (QIP), offering 33.65 crore equity ...
moneycontrol.com2d
Zomato raises Rs 8,500 crore via QIP at Rs 252.62 per share; stock in focus on NSE F&O entry today
Food delivery aggregator Zomato has raised Rs 8,500 crore through a Qualified Institutional Placement (QIP), allocating 33.65 crore equity shares at Rs 252.62 per share. This issue price ...
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Zomato QIP: Food Delivery giant's opens Rs 8,500 cr issue - Check floor price, discount
Shares of online food delivery firm Zomato climbed nearly 4 per cent on Monday, December 23. The stock jumped 3.58 per cent ...
Zomato shines with Sensex entry, QIP set at Rs 8500; replaces JSW Steel
Shares of Zomato are set to garner attention as the company secures two major milestones: its inclusion in the benchmark ...