Zomato Sets the Floor Price at INR 265.91 Per Share, Launches an INR 8,500 Crore QIP Offering
On November 25, Zomato Ltd., a food delivery aggregator, launched its INR 8,500 Qualified Institutions Placement (QIP) offering. The floor price for each equity share was INR 265.91. The indicative price is INR 252.62 per share, which is 7.6% less than the closing market price of