Zomato Fundraise Via QIP Next Week? | Reasons Behind The Fundraise, Why Now? | Swiggy Vs Zomato
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Zomato Eyes New Funding via QIP as It Expands into New Verticals
The massive Indian foodtech company Zomato is preparing for rapid expansion as it plans to raise further funding.
Zomato’s shares fall, board to consider fundraising next week
Shares of Zomato were trading lower at ₹264.95 as of 10:36 am on the BSE. The stock opened at ₹256.05, around 5 per cent lower than the previous close on Thursday.
Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant
Post the fund raising, the company will apply to the Reserve Bank of India to cap its Foreign Institutional Investment (FII) holding at 49%, the sources said.
Zomato To Consider Raising Funds Via QIP
Zomato said that its board would consider raising funds by issuing equity shares via qualified institutional placement (QIP)
Zomato board to decide on funding via QIP on October 22
The food and grocery delivery major will put up the proposal to the board on October 22, on which day it will also declare its financial results for the July-September quarter.
Zomato board to consider fundraising via QIP on Oct 22
Food delivery platform Zomato Ltd's board will consider fund raising through QIP on October 22, it said in a regulatory filing. Zomato share is currently trading at Rs 270.
Zomato board to consider raising funds via QIP ahead of Q2 results
If approved, this will be the first fundraise by the food delivery giant since its stock market debut three years ago
Zomato board to consider raising funds via QIP on Tuesday
Food delivery platform Zomato on Thursday said its board will consider fundraising through qualified institutional placement (QIP) on October 22
Zomato to review fundraising via QIP on October 22
Zomato Ltd has announced that its board will review raising funds through qualified institutional placements (QIP) on October 22, as per a regulatory filing.The board will also approve the company’s second-quarter results on the same day,
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Zomato’s QIP Plans: What It Means Amid Rising Competition with Swiggy
Zomato called for a meeting on October 22 with its shareholders to discuss the prospect of the QIP, as well as unaudited ...
Zomato’s QIP salvo before Swiggy IPO will further fuel quick commerce frenzy
Zomato's decision to raise additional funds via QIP, despite holding $1.5 billion in cash, has sparked intrigue in the quick ...
Zomato share price drops 5% on BSE on Friday; QIP, Q2 results in focus
Zomato fundraise QIP news: Zomato share price today fell 5.4 per cent to Rs 256 per share on the BSE. At 12:43 PM, Zomato ...
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Zomato QIP: Why fundraise despite Rs 10,000 crore cash on books? ‘Swiggy IPO is...’ - Karan Taurani decodes
Deepinder Goyal-led food delivery company Zomato is set to announce a fundraise soon and informed about the same on Thursday.