Market News Top 10 News Zomato IPO Subscribed 38.25 Times on Final Day of Bidding – Top Indian Market News Zomato IPO subscribed 38.25 times on final day of bidding The Rs 9,375 crore initial public offering (IPO) of Zomato Limited was subscribed 38.25 times on the final day of bidding. The IPO has received bids for 2,751.25 crore equity shares against the issue size of 71.92 crore shares. Retail investors have subscribed 7.45 times […] Written by marketfeed Team July 16, 2021April 21, 2022
Market News Top 10 News Wipro Reports 36% YoY Rise in Net Profit in Q1 – Top Indian Market News Wipro Q1 Results: Net profit rises 36% YoY to Rs 3,243 crore Wipro Limited reported a 36.65% year-on-year (YoY) increase in consolidated net profit to Rs 3,242.6 crore for the quarter ended June (Q1 FY22). Net profit has increased by 9.09% when compared to the previous quarter. The IT company’s revenue from operations rose 22.4% […] Written by marketfeed Team July 15, 2021April 21, 2022
Market News Top 10 News Infosys Reports 23% YoY Rise in Net Profit in Q1 – Top Indian Market News Infosys Q1 Results: Net profit rises 23% YoY to Rs 5,195 crore Infosys Limited reported a 22.7% year-on-year (YoY) increase in consolidated net profit to Rs 5,195 crore for the quarter ended June (Q1 FY22). Net profit has increased by 2.3% when compared to the previous quarter. Its revenue from operations rose 17.87% YoY (or […] Written by marketfeed Team July 14, 2021April 21, 2022
Editorial The Most In-Depth Zomato IPO Review: All You Need to Know What an exciting week in the Indian stock market! Zomato’s IPO is finally here! What started as Foodiebay in 2008 by two IIT graduates has grown multifold and expanded to 24 countries. They have pushed boundaries and revolutionised the Indian food-tech industry. An Indian startup launching an IPO is a truly commendable feat. There has […] Written by marketfeed Team July 14, 2021January 29, 2024
Market News Top 10 News Zomato Gains 20% in Grey Market Before IPO – Top Indian Market News Zomato grey market premium hits 20%, Info Edge slashes OFS by half Zomato, a food delivery aggregator, has reportedly hit 20% in the grey market according to sources trading in unlisted shares. This comes in light of investor excitement after SEBI approved Zomato’s IPO plans to raise Rs 8,250 crores. Info Edge, a key shareholder, […] Written by marketfeed Team July 6, 2021April 21, 2022
Market News Top 10 News Avenue Supermarts Reports 31% Rise in Revenue in Q1 – Top Indian Market News Avenue Supermarts reports 31% YoY rise in revenue in Q1 Avenue Supermarts Ltd reported a 31.27% YoY increase in standalone revenue to Rs 5,031.75 crore for the quarter ended June 2021 (Q1 FY22). It had posted a revenue of Rs 3,833.23 crore in the corresponding quarter last year (Q1 FY21). The total number of stores […] Written by marketfeed Team July 3, 2021April 21, 2022
Editorial Zomato IPO – A leap of faith for investors? We all can associate with Zomato very well. Many of us would be even its prime members. When we think of food delivery, one of the first names on our mind is Zomato. This is the power of this young venture. The startup has become a household name in India and now are looking to […] Written by marketfeed Team May 9, 2021April 21, 2022
Market News Top 10 News Zomato to Raise Rs 8,250 crore via IPO – Top Indian Market News Zomato to raise Rs 8,250 crore via IPO Foodtech platform Zomato has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI, proposing an initial public offering (IPO) of Rs 8,250 crore. The IPO will consist of a fresh issue of equity shares worth Rs 7,500 crore and an offer for sale (OFS) of […] Written by marketfeed Team April 28, 2021April 21, 2022