“Every part of our business is actually growing,” said co-founder Gaurav Gupta. He said all operational cities, including those in Tier IV, are showing good growth. Given that only 8% of total consumers with access to the
Zomato’s mega IPO will have 75% of the portion reserved for qualified institutional buyers (QIB) while 15% is reserved for non-institutional investors (NII). Only 10% of the public issue is open for retail investors.
Upcoming IPOs List 2021, Upcoming IPOs in India 2021: Indian companies raised over Rs 30,000 crore from the investors in the last calendar year 2020, even as COVID-19 pandemic hit the market sentiment.