Zomato closes QIP, Motilal Oswal, ICICI Pru and HDFC Mutual Fund lead

Zomato QIP which opened on November 25 saw participation from a clutch of domestic investors like Motilal Oswal, ICICI Prudential, and HDFC Mutual Fund, among others. Motilal Oswal took a significant 21% share of the QIP investing around Rs 1,751 crore. ICICI Prudential followed with a 13% stake at around Rs 1,074 crore , HDFC acquired 9% at about Rs 730 crore, and Kotak 6% at Rs 500 crore.