Zomato IPO Listing: Aggregator Sees Shares Jump 53 Percent Above Offer Price in Stock Market Debut

Zomato’s stock market listing, valued at more than $1 billion ((roughly Rs. 7,450 crores), saw shares open at a 52.6 percent premium to their offer price on Friday, gaining a market valuation of about $12 billion (roughly Rs. 89,450 crores).