Zomato shares reach new high
Business Business: Shares of food delivery platform Zomato set a new record. On Friday, Zomato shares reached an all-time high. On Friday, the company’s shares rose nearly 5 per cent to Rs 292.90. Zomato shares closed at Rs 290.70 on BSE. Zomato shares have risen more than 500% in less than two years. The stock’s 52-week low is Rs 97.81. Zomato shares have risen 519% in less than two years. On January 27, 2023, the food delivery company’s shares were priced at Rs 46.95. On September 20, 2024, Zomato shares closed at Rs 290.70. Zomato shares have risen 75% in the last 6 months. At the same time, Zomato shares are up 133% this year. At the beginning of the year, on January 1, 2024, the company’s shares were priced at Rs 124.50. On September 20, 2024, Zomato shares closed at Rs 290.70.
The shares of food delivery company Zomato are up about 191% over the past year. On September 20, 2023, the company’s shares were trading at Rs 99.96. On September 20, 2024, Zomato shares closed at Rs 290.70. Zomato shares have risen 430% in the last one and a half years. During this period, the company’s shares rose from Rs 54.94 to Rs 290.
Zomato’s IPO opened on July 14, 2021 and will close on July 16. The company’s IPO share price was Rs 76. Zomato’s IPO was subscribed a total of 38.25 times. The private investor quota for the company’s IPO was subscribed 7.45 times. At the same time, the quota of non-institutional investors was subscribed 32.96 times. However, 51.79 times the bids were placed in the qualified institutional buyers category.
