Zomato may raise ₹8,500 crore through its QIP, say sources
1 day ago · Home Market News Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant Zomato's cash balance at the end of the June quarter stood at ₹12,539 crore but that was before the company signed definitive agreements to acquire Paytm ...
Zomato board to decide on funding via QIP on October 22
1 day ago · Zomato will seek approval from its board on October 22 to raise additional funds through a public sale of shares to institutional investors, the food and grocery delivery company said in a filing with the stock exchanges Thursday. This qualified institutional placement will be the first fundraising by Zomato since its initial public offering in July 2021.
Stock to Watch: Zomato shares in focus as company announces …
1 day ago · Zomato's board meeting on October 22 to discuss equity share issuance via QIP and announce its September quarter earnings. Shares closed at Rs 270.30 on NSE. Q1 performance showed a net profit rise to Rs 253 crore, bolstered by Blinkit and Hyperpure contributions. Blinkit expands with 2,000 dark stores by 2026.
Zomato likely to approve Rs 8,500 crore fund raise, says CNBC-TV18
1 day ago · Leading online food service player Zomato is likely to seek and approve a fund raise of Rs 8,500 crore, CNBC-TV18 reported cited sources familiar with the development, in an effort to take the ...
Zomato board to consider fundraising via QIP on Oct 22
1 day ago · Zomato reported a consolidated profit of Rs 253 crore in Q1FY25, up from Rs 175 crore a quarter ago and Rs 2 crore in the year-ago period. The firm’s revenue from operations rose 74% to Rs 4,206 ...
Zomato Looking To Relaunch ‘Xtreme’ With A Tweaked Strategy
4 days ago · Zomato is tweaking Xtreme’s focus to align with the core food delivery strength of the company, and it may still be an experiment only The company suspended Xtreme in July hurt by weak demand ...
Zomato shares jump 5% to hit all-time high: what is pushing the …
What is driving the surge in Zomato stock prices? The recent rally in Zomato stocks can be attributed to the company's robust financial performance, marking a significant turnaround, experts...
Not just a cold play: How Zomato can make District a blockbuster
5 days ago · For now, Zomato owns two event IPs. It launched Zomaland in 2019 and Feeding India in 2022. But, it takes longer than that for a large, headline event to break even.
Zomato Q1 Results: Net Profit Skyrockets to Rs 253 Crore Vs Rs
Zomato Q1 Results: Net Profit Skyrockets to Rs 253 Crore Vs Rs 2 Crore; Shares Up 2.4%, revenue from operations during April-June 2024 stood at Rs 4,206 crore, almost double as …
Zomato to launch new app called District for 'going-out' business: …
- Hindustan Times. Zomato to launch new app called District for 'going-out' business: What is it? By HT News Desk. Aug 01, 2024 04:23 PM IST. With this, Zomato is challenging BookMyShow which...
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