At 11:49 am; with Rs 2.91 trillion market-cap Zomato was trading 5% higher at Rs 301.50, as against 0.38% decline in the BSE Sensex.
The online platform, set up by stock exchanges, will enable merchant bankers to upload and maintain documents electronically, ensuring easier access to documents pertaining to the public issue process
The platforms are offering unsecured debt securities, which are not backed by any collateral and carry higher risk