First off the block will be Zomato, a restaurant aggregator and food delivery venture, whose public issue of shares opens on July 14. The company is looking to raise 93.75 billion rupees (about $1.25 billion) through a fresh issue of shares and an offer for sale from its parent company. Zomato’s public issue includes 90 billion rupees worth of fresh issue shares and 3.75 billion through offer for sale by its parent company Info Edge. According to information available on the BSE stock exchange, Zomato’s shares will be priced at between 72 and 76 rupees. 23,856 million a year ago (most Indian companies follow an April to March financial year).

Source: Forbes July 11, 2021 10:30 UTC