Zomato IPO Day 1: Food Delivery Giant Enters Into Top 100 Listed Firms

Zomato IPO Day 1: The food delivery company is stealing the limelight in the share market on its debut day on Friday. Its shares were listed at 53 percent more than the IPO price of Rs 76. Company CEO Deepinder Goyal congratulated his team and also thanked Flipkart, Amazon for their efforts.

Zomato IPO Boosted Company’s Market Value

“Swiggy And Zomato Are Best In The World, “Says Company CEO

On day one of Zomato IPO listing, Deepinder Goyal confessed the same but also said succeeding in a market like India is itself an exceptional thing.

On the day of our listing, here’s something I want to share with our shareholders, and India’s startup ecosystem. https://t.co/BAIM8bTATY

The future looks exciting. I don’t know whether we will succeed or fail – we will surely, like always, give it our best.

— Deepinder Goyal (@deepigoyal) July 23, 2021

There are a lot of investors and their response has given us confidence for the future business in India.

Also Read: Everything To Know About Investing In Dogecoin

Experts Believe Zomato IPO Price Is Too High

<figcaption class="pl-caption>via:businessstandard

The company was founded in 2008 and is operational with more than one lakh delivery partners almost all across the globe.