Zomato shares has fallen 12.5% today and closed at price of Rs. 41.65 at NSE.
Since listing of the shares, the script has made all time low today.
This drastic fall comes in as post IPO lock in period of one year came to an end and provided opportunity to investors to exit this script.
Zomato shares were listed at Rs.76 during IPO and has seen all time high of Rs. 169 subsequently. Presently equity shares of Zomato are trading at 37% down from its IPO debut price and are 72% down from it’s all time high levels.