Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd By Yash Gupta, Angel Broking

28/04/2021 12:09:54 PM | Source: Angel Broking Ltd

Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd By Yash Gupta, Angel Broking

News By Tags | #5948 #607 #1462 #442 #6174

Below are Views On Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd

Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd. It will going to be first food delivery company to be listed on Indian stock exchanges, Zomato has seen a exceptional growth in Indian in last couple of year but at this point in time business has come down due to as several states are in lockdown or several restrictions in many states due to covid19 2^nd wave in India. Info edge has proposed an IPO of Zomato Ltd comprising a fresh issue as well as offer for sale from parent company Info edge India ltd. Board has approved the offer for sale of ₹7,500 crores in Zomato Ltd.

This will be a very positive development for the Info Edge

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Info edge India ltd has filed for the IPO of its subsidiary company Zomato Ltd By Yash Gupta, Angel Broking

Top News

Tag News

More News