Zomato’s QIP Plans: What It Means Amid Rising Competition with Swiggy
Zomato called for a meeting on October 22 with its shareholders to discuss the prospect of the QIP, as well as unaudited financial results.
Zomato’s QIP salvo before Swiggy IPO will further fuel quick commerce frenzy
Zomato's decision to raise additional funds via QIP, despite holding $1.5 billion in cash, has sparked intrigue in the quick commerce sector, with some viewing it as a strategic move to overshadow Swiggy's impending IPO.
Zomato Eyes New Funding via QIP as It Expands into New Verticals
The massive Indian foodtech company Zomato is preparing for rapid expansion as it plans to raise further funding.
Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant
Post the fund raising, the company will apply to the Reserve Bank of India to cap its Foreign Institutional Investment (FII) holding at 49%, the sources said.
Zomato board to decide on funding via QIP on October 22
The food and grocery delivery major will put up the proposal to the board on October 22, on which day it will also declare its financial results for the July-September quarter.
Zomato board to consider fundraising via QIP on Oct 22
Food delivery platform Zomato Ltd's board will consider fund raising through QIP on October 22, it said in a regulatory filing. Zomato share is currently trading at Rs 270.
Zomato Fundraise Via QIP Next Week? | Reasons Behind The Fundraise, Why Now? | Swiggy Vs Zomato
Reasons Behind The Fundraise, Why Now? | Swiggy Vs Zomato#zomato #zomatoshare #qip #fundraise #funding #swiggyipo #swiggy #etnow #businessnews #topnews
Zomato shares in news as board to consider fund raising next week
S hares of Zomato Ltd are in news today after the online food delivery firm said its baord would meet on October 22 to consider raising funds via a qualified institutional placeme
Zomato shares dip 5% amid fundraise plans via QIP
Shares of Zomato dropped by 5.4% after the company announced a fund-raising plan through issuing equity shares. The company reported a net profit of Rs 253 crore for the April-June quarter, driven by revenue growth from Blinkit and Hyperpure.
Zomato Slides 3% On Bid To Raise Funds Via QIP Amid Swiggy's Anticipated IPO
Shares of food-delivery giant Zomato dived on Friday’s early trade, going down by over 3%, after the company announced plans to raise funds through a qualified institutional placement. What Happened: Zomato’s board of directors will meet on October 22 to approve the firm’s quarterly financial results,
Zomato’s shares fall, board to consider fundraising next week
Shares of Zomato were trading lower at ₹264.95 as of 10:36 am on the BSE. The stock opened at ₹256.05, around 5 per cent lower than the previous close on Thursday.
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Zomato share price target 2025: Fresh funding through QIP - Buy, sell or hold? Brokerage view
Jefferies underlines that majority domestic ownership will allow Blinkit to follow the inventory model. "Inventory model will ...
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Adani Enterprises raises ₹4,200 cr via QIP; here’s how the stock reacts
“Adani Enterprises Limited (AEL) has successfully completed the QIP of equity shares of face value of ₹1 each of AEL ...
UCO Bank plans to raise Rs 2,000 crore via QIP in Q3
State-owned UCO Bank plans to raise up to Rs 2,000 crore through a share sale via qualified institutional placement in the ...
Zomato share price drops 5% on BSE on Friday; QIP, Q2 results in focus
Zomato fundraise QIP news: Zomato share price today fell 5.4 per cent to Rs 256 per share on the BSE. At 12:43 PM, Zomato ...
Adani Enterprises Completes Rs 4,200 Cr QIP for Capital Expenditure and Debt Repayment
One of the biggest scalable business incubators in India, Adani Enterprises Ltd. (AEL), has funded Rs 4,200 crore (about $500 ...