Zomato IPO: Zomato plans to raise Rs 9,375 crore in capital through an IPO. It is the first consumer-based Internet startup in the country, which is preparing for listing. In this IPO, a fresh equity share of Rs 9,000 crore will be offered by Zomato. Zomato's IPO was awaited for a long time. It is the first consumer-based Internet startup in the country, which is preparing for listing.
Zomato Limited is planning to raise around ₹9,375 via IPO. Zomato filed the DRHP with Sebi in April 2021. This is one of the most awaited IPOs and they already started the process so we might see the Zomato listing in the near term. The Zomato is one of the biggest startup success stories in India. Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. As per the unlisted numbers the company has a valuation of around 53000 crores. The company looks good with the valuations but the financial results look a bit a worry but the coming years might give more revenues and the loss might be narrowed. The retail portion of the IPO is 35% while QIB is 50% and NII is 15%. Zomato IPO to list on NSE and BSE both the indices. Stay tuned for Zomato IPO details.
How to apply for Share Holder Quota in Zomato IPO:
If you want to apply for Zomato IPO in the shareholder quota, you should buy at least 1 share of Info Edge (India) Ltd aka Naukri. It should be in your Demat account when the company announced its IPO date.
Zomato IPO Date & Price Band:
| Issuer | Zomato |
| Issue Type | Book Built Issue IPO |
| Issue Period | Issue Opens: Jul 14, 2021 |
| Issue Closes: Jul 16, 2021 | |
| Price Brand | ₹72 to ₹76 Per Share |
| Issue Size | ₹ 9375 Crores (Approx) |
| Face Value | Rs.1 per Equity Share |
| Market Lot | 195 Shares |
| Min Order Quantity | 195 |
| QIB | 50% of the issue size |
| NIB | 15% of the issue size |
| Retail Individual Bidders | 35% of the issue size |
| Offer for Sale | [.] Eq Shares of ₹1 (aggregating up to ₹375 Cr) |
| Fresh Issue | [.] Eq Shares of ₹1 (aggregating up to ₹9000 Cr) |
| Listing at | NSE & BSE |
Zomato IPO Tentative Timetable
The Zomato IPO open date is Jul 14, 2021, and the close date is Jul 16, 2021. The issue may list on.
| IPO Open Date | Jul 14, 2021 |
| IPO Close Date | Jul 16, 2021 |
| Basis of Allotment Date | Jul 22, 2021 |
| Initiation of Refunds | Jul 23, 2021 |
| Credit of Shares to Demat Account | Jul 26, 2021 |
| IPO Listing Date | Jul 27, 2021 |
Zomato IPO Market Lot:
| Minimum Lot Size: | Minimum 195 Shares |
| Minimum Amount: | ₹14,820 |
| Maximum Lot Size: | Maximum 2535 Shares |
| Maximum Amount: | ₹1,92,660 |
Zomato Company Financial:
As per the DRHP, the company reported a ₹682 crore loss in nine months ending December 2020. The company has shown a significant increase in the revenues in the pandemic with revenue increased almost three times. The loss is narrowed but the company valuations look good and one should apply the Zomato IPO with short-term and long-term goals.
| Particulars | For the year/period ended (₹ in million) | |||
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Read Also:-
- Zomato IPO GMP ( Grey Market Premium)
- Zomato IPO Subscription Status
- Zomato IPO Allotment Status
Zomato IPO Form:
How to apply the Zomato IPO? You can apply for Zomato IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Zomato IPO in the Invest section. The other option you can apply Zomato IPO via IPO forms download via NSE and BSE. Check out the Zomato forms - click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
About Zomato
Zomato launched in 2010, Our technology platform connects customers, restaurant partners, and delivery partners, serving their multiple needs. Customers use our platform to search and discover restaurants, read and write customer-generated reviews and view and upload photos, order food delivery, book a table and make payments while dining out at restaurants. On the other hand, we provide restaurant partners with industry-specific marketing tools which enable them to engage and acquire customers to grow their business while also providing a reliable and efficient last-mile delivery service. We also operate a one-stop procurement solution, Hyper pure, which supplies high-quality ingredients and kitchen products to restaurant partners. We also provide our delivery partners with transparent and flexible earning opportunities.
Zomato IPO Prospectus
Zomato Company Promoters:
- THE COMPANY IS A PROFESSIONALLY MANAGED COMPANY AND DOES NOT HAVE AN IDENTIFIABLE PROMOTER
Zomato IPO Registrar:
Link Intime India Private Limited
C-101, 247 Park, 1stFloor
L.B.S. Marg, Vikhroli WestMumbai 400 083
Tel:+91 22 4918 6200
E-mail: zomato.ipo@linkintime.co.in
Investor Grievance e-mail: zomato.ipo@linkintime.co.in
Website: www.linkintime.co.in
SEBI Registration No.:INR00000405
Zomato IPO Lead Managers:
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Private Limited
- Credit Suisse Securities (India) Private Limited
- BofA Securities India Limited
- Citigroup Global Markets India Private Limited
Zomato Company Address:
Zomato Limited
Ground Floor, 12A, 94 Meghdoot,
Nehru Place, New Delhi 110019
Tel:+91 011 40592373
Contact Person:Sandhya Sethia
Company Secretary and Compliance Officer
E-mail: companysecretary@zomato.com
Website:www.zomato.com
Corporate Identity Number: U93030DL2010PLC198141OUR
Zomato IPO FAQs
What is Zomato IPO?
Zomato IPO is a main-board IPO. They are going to raise ₹9375.00 Crores via IPO. The issue is priced at ₹72 to ₹76 per equity share. The IPO to be listed on BSE & NSE. The Minimum order quantity is 195 shares.
When Zomato IPO will open?
The Zomato IPO is to open on 14 July 2021 for QIB, NII, and Retail Investors.
What is Zomato IPO Investors Portion?
The investors' portion for Zomato IPO is QIB 50%, NII 15%, and Retail 35%.
How to Apply the Zomato IPO?
You can apply for Zomato IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Zomato IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Zomato". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Zomato IPO Size?
ZomatoIPO size is ₹9375 crores (Approx).
What is Zomato IPO Price Band?
Zomato IPO Price Band is ₹72 to ₹76 per equity share.
What is Zomato IPO Minimum and Maximum Lot Size?
The minimum bid is 195 Shares with ₹14,820 amount while the maximum bid is 2535 shares with ₹192,660.
What is the Zomato IPO Allotment Date?
Zomato IPO allotment date is 22 July 2021.
What is the Zomato IPO Listing Date?
Zomato IPO listing date is 27 July 2021. The IPO to list on BSE and NSE.
