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Zomato IPO Windfall for founders; Deepinder Goyal Metoric rise talk of towns

"Today is a big day for us. A new Day Zero":Deepinder

Zomato IPO Windfall for founders; Deepinder Goyal Meteoric rise talk of towns

Zomato founder and CEO Deepinder Goyal
Zomato founder and CEO Deepinder Goyal

Shares of Zomato on Friday zoomed nearly 53 percent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 percent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 percent.

Deepinder Goyal@deepigoyalInfoedge’s tummy seems full.
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Chandra R. Srikanth@chandrarsrikant·
We have the picture of the day!!! Man of the moment @zomato founder and CEO Deepinder Goyal with first investor InfoEdge founder Sanjeev Bikhchandani and early investor Mohit Bhatnagar from Sequoia Capital. Taken just a while ago.@moneycontrolcom @deepigoyal @sbikh @mobhat

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At the NSE, it got listed at Rs 116, registering a premium of 52.63 percent. Zomato’s initial public offering (IPO) last week ended with a bumper 38 times subscription. The IPO had opened for subscription on July 14, in a price band of Rs 72-76 per share. It closed on July 16. Ahead of the stock market listing, Zomato founder and CEO Deepinder Goyal on Friday wrote a letter to shareholders

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