
Food aggregator Zomato has filed the draft red herring prospectus for its gigantic Rs 8,250 crore initial public offering (IPO). This is the biggest IPO since SBI Cards and Payment Services in March 2020. So far in 2021, the two biggest IPOs are Indian Railway Finance Corporation and PowerGrid Infrastructure Investment Trust.
Zomato's IPO is not only going to be one of the biggest IPOs of 2021 but is also an exciting one to watch as a unicorn goes public.