On the day of listing, there was a bumper jump of 66 percent in Zomato’s stock and the stock closed at Rs 126. The market cap of the company is about 99 thousand crores. Its founder Deependra Goyal holds a 4.7 percent stake.
Deependra Goyal holds 4.7 percent stake.
Bumper listing of Zomato happened on Friday. At the close of the market, its stock closed at Rs 126 with a rise of 66 percent against the issue price. The company’s market cap on the National Stock Exchange stood at Rs 98,849 crore. During the business, its market cap had even crossed 1 lakh crore. Due to the company’s excellent listing, its founder Deepender Goyal has joined India’s super rich billionaire list.
According to the Bloomberg Billionaires Index, Dipendra Goyal holds 4.7 per cent stake in the company and is valued at around $650 million at current valuations. Apart from this, he also has $368 million of option stock in the company, which he will get in the next six years. By combining both, their stake in the company becomes double. The company’s market cap is $13.3 billion.
These are the richest people of India
According to the Bloomberg Index, Mukesh Ambani is the richest person in India and his net worth is $ 79.80 billion. They are ranked 12th in the world. Gautam Adani is at number two with a net worth of $53.6 billion and is ranked 25th in the world. Azim Premji is the third richest Indian with $35.5 billion. Shiv Nadar is at number four followed by industrialists like Lakshmi Mittal, Radhakishan Damani, Cyrus Poonawalla Uday Kotak, Savitri Jindal, Dilip Shanghvi, Kumar Birla, Sunil Mittal.
Who’s in the 1 Billion Dollar Club
Compared to these super rich people, Deependra Goyal is still far behind. Startup billionaire entrepreneurs with assets of over $1 billion include Ravindran of Byju’s, Vijay Shekhar Sharma of Paytm and Sachin and Binny Bansal, founders of Flipkart.
Started business while studying
Deependra Goyal has studied Computer Science from IIT. He started online delivery with friends after he had trouble with ordering pizza during his studies. In this, neighborhood cafes and restaurants were connected with the help of phone numbers. When his wife got a job in Delhi University, he left his job and started full time entrepreneurship.
Its business is spread in 19 countries
Initially Sanjeev Bikhchandani invested in this company and then the name of the company was changed to Zomato. The company then received funding from global investors such as Tiger Global Management, Jack Ma’s Ant Financial and Sequoia Capital. Its business is spread in 19 countries of the world. This company does food delivery in 100 cities. The company’s business is spread in countries like Turkey, Brazil, New Zealand, Indonesia.
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