Shares of food delivery platform operator Zomato on July 25 tanked over 13 per cent to record lows after most of its shares came out of the mandatory one-year lock-in after the initial public offer.
It issued shares at Rs 76 in the IPO but it soon became a multibagger, scaling a lifetime high of Rs 169 on the BSE. Today, the stock traded at Rs 46.80, down 12.77 percent as of 9.30am on the BSE.