Synopsis
Zomato has restructured its capital base to create 8.80 billion new shares, increasing the paid-up capital of the company by three times ahead of a planned IPO.
Mumbai: Indian restaurant aggregator Zomato has hit the ground running on what could be the first initial public offering (IPO) by a homegrown unicorn. The Gurgaon-based company has restructured its capital base to create 8.80 billion new shares, increasing the paid-up capital of the company by three times from Rs 535 crore to Rs1,448 crore, the latest regulatory filings showed.People with the direct knowledge of the matter said this was a
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