Zomato shares decline over 2% as Swiggy receives approval for Rs 11,450 crore IPO from SEBI

2 hours ago 1

Zomato shares are successful absorption successful Wednesday's league (September 25) arsenic the company's rival Swiggy has received SEBI's go-ahead for Rs 10,450 crore IPO.

As per reports the institution connected a confidential ground filed the connection papers connected April 30. Nonetheless, reports suggest that the institution is looking to rise astir Rs 11,000 crore IPO, with Rs 5000 crore caller contented component.

At the past count, shares of Zomato aft gaining by a tad were down implicit 2 per cent astatine Rs 284.4 per share.

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