Exclusive | Zomato to raise $560 million from anchor Investors for IPO: Sources
Startup IPO Frenzy Kick-starting with the first Unicorn, the Zomato food delivery platform was launched on July 14. The source told MoneyControl that Zomato received a strong response from global institutional investors for anchor books.
Zomato Garners almost half the problem size is around $ 560 million from institutional investors at the top of the ribbon price of Rs 76 / share. More than 100 final investors will be given shares as part of the anchor book for the IPO.
MoneyControl has learned that the top foreign investors in the Zomato Anchor Book include Baillie Gifford, Blackrock, Research Capital, CPPIB, GIC, Rowe T price.
Top domestic investors include mutual funds and insurance companies such as Axis MF, HDFC MF, Birla MF, Nippon, HDFC Life, Icici Pru Life.
In the email response to moneycontrol, spokesman Zomato said, “We have no comments to be offered here.”
Zomato Eye Rs 64,365 CR or $ 8.7 billion Money assessment. The issuance of IPO Zomato is worth RS 9,375 CR on the ribbon price of Rs 72-76. Open Zomato IPO from July 14 to 16.
