"initial-public-offer-ipo"

The company plans to hire over 400 additional employees to support its mission of delivering world-class, Made-in-India, AI-based security solutions.

The initial share sale received bids for 1,49,18,937 shares against 89,70,371 shares on offer, translating into 1.66 times subscription

Gurugram-based supermart listed at Rs 110 on BSE against the issue price of Rs 78

Between FY19 and FY21, GEFIL revenue from operations has grown at a CAGR of 19.6 per cent and gross profit margin has almost doubled.

The total IPO size is Rs 9,375 crore, comprising a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge (India) Ltd, Zomato said.

The Noida-based firm, which had an astonishing rise after demonetisation in 2016, is betting on financial services, commerce and payments as three key focus areas.

This also marks the highest fund-raising through IPOs in last three years.

The initial public offer (IPO) comprises issuance of fresh equity aggregating up to Rs 800 crore and an offer for sale (OFS) worth Rs 375 crore.