Zomato ends 66% higher against issue price; m-cap crosses Rs 1-trn mark

The market capitalisation of the company touched Rs 1.08 trillion in intra-day trade today

Food delivery giant Zomato made a stellar debut on the bourses with its shares ending at Rs 125.85, a 66 per cent premium against its issue price of Rs 76 per share on the BSE. On the National Stock Exchange (NSE), the stock ended at Rs 125.30, the exchange data shows.

The stock of Zomato had opened at Rs 116 on the NSE, 53 per cent higher than its issue price. Post listing, the stock rallied up to 20 per cent from its opening level at Rs 138.90, up 83 per cent compared to its issue price on the