Listing-day performance: CarTrade listed Rs 1,599.80 on the NSE, a 1.12% discount to its issue price of Rs 1,618. The issue was an offer for sale of up to 1,85,32,216 shares at a price band of Rs 1,585-1,618 apiece, at the upper end of which the company was valued at Rs 7,416 crore. Over the three days, CarTrade’s IPO received bids for 26,31,74,823 shares as against the issue size of 1,29,72,552. The initial public offering of the online used car retailer was subscribed 20.3 times. The company’s market cap currently stands at Rs 99,790 crore. Zomato vaulted into the elite club of the top 50 most valued companies, with its market capitalisation briefly crossing Rs 1 lakh crore during the day. It ended at Rs 125.85, up 65.6% over the issue price. Listing day performance: Zomato listed at Rs 115 on the BSE, a premium of 51.3% over the IPO price of Rs 76 and went as high as 81% over the issue price to log a day's high of Rs 138. The price band was set at Rs 72-76 apiece, which ascribed the company a valuation of $9 billion. The issue comprised fresh stock worth Rs 9,000 crore and an offer for sale of up to Rs 375 crore by Info Edge (India).
The initial public offering of India’s first listed consumer-internet startup was subscribed nearly 40 times, setting the stage for the company’s peers to tap the public markets.ĭuring the three-day period, the Zomato IPO received bids for 27,51,27,77,370 shares against an issue size of 71,92,33,522 shares. The company's market cap currently stands at Rs 7,360 crore. The 10.82% stake ace investor Rakesh Jhunjhunwala held in the company was worth Rs 656 crore at listing. Listing day performance: The stock listed at Rs 1,990 on the National Stock Exchange, a 80.74% premium over the issue price of Rs 1,101.
0 kommentar(er)
