Synopsis
Info Edge, which will be selling shares worth Rs 750 crore through the IPO, stands to make windfall gains. The company was one of the early investors in the startup, and it currently owns 1,244,029,200 shares in Zomato, DRHP said.
NEW DELHI: After a long wait, Zomato finally filed draft papers with market regulator Sebi for the much-anticipated IPO. It will be among the first technology unicorns to be listed in India, and is likely to trigger many more such listings.
Speculations are rife on the possible price band for the IPO. Dealers in grey market, the unofficial market for trading in unlisted shares, say it will most likely be in the Rs 60-80 per share range. And, if
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