Zomato slips 11% to record low as IPO lock-in ends

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Zomato slips 11% to record low as IPO lock-in ends Shares of food delivery service provider Zomato Ltd plunged 11.4% to close at a record low of ₹47.55 on Monday, after the one-year lock-in period for investors who bought shares in the company’s initial public offering (IPO) ended on 23 July.
 
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