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Zomato completes Rs 8,500 crore QIP at Rs 252.62 per share

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Food and grocery delivery firm Zomato on Friday completed its Qualified Institutional Placement (QIP), raising Rs 8,500 crore via an allocation of 33.65 crore shares at Rs 252.62 per share.

The issue price represents a 5% discount to the floor price of Rs 265.91 ,which the company set on Monday….

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