Zomato IPO, GMP, Price band, Allotment Date, How to Apply?

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Zomato IPO

Zomato IPO Details

Zomato IPO is a primary board IPO of [.] equity shares of the presumptive worth of ₹1 totaling up to ₹9,375.00 Crores. The issue is estimated at ₹72 to ₹76 per equity share. The base request quantity is 195 Shares.

Link Intime India Private Ltd is the recorder for the IPO. The shares are proposed to be recorded on BSE.

Zomato Ltd, the Indian food conveyance startup supported by Jack Ma’s Ant Group, plans to bring $1.3 billion up in an initial public offering (IPO), boosting its objective by about 14% as interest in its home market rises.

The IPO includes a new issue of equity shares worth $75 billion and an offer available to be purchased as much as $7.5 billion by Info Edge (India) Ltd.

Zomato, which documented primer IPO papers with Sebi in April, get its approval on July 2. Sebi’s gesture is essential for any organization to dispatch IPOs, follow on public offer (FPO), and rights issues.

IPO Opening Date Jul 14, 2021
IPO Closing Date Jul 16, 2021
Issue Type Book Built Issue IPO
Face Value ₹1 per equity share
IPO Price ₹72 to ₹76 per equity share
Market Lot 195 Shares
Min Order Quantity 195 Shares
Listing At BSE
Issue Size [.] Eq Shares of ₹1
(aggregating up to ₹9,375.00 Cr)
Fresh Issue [.] Eq Shares of ₹1
(aggregating up to ₹9,000.00 Cr)
Offer for Sale [.] Eq Shares of ₹1
(aggregating up to ₹375.00 Cr)

 

When is Zomato IPO Launching?

Zomato Ltd. will dispatch its three-day initial public offering (IPO) on July 14, making the online food aggregator one of the principal Indian startup unicorns to list on the public bourses.

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 Jul 27, 2021.

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 Lot Size

The Zomato IPO market lot size is 195 shares. A retail-individual investor can apply for up to 13 lots (2535 shares or ₹192,660).

Application Lots Shares Amount (Cut-off)
Minimum 1 195 ₹14,820
Maximum 13 2535 ₹192,660

 

Zomato IPO Share Price

Zomato Ltd has set the offer price for its initial public offering at ₹72-76 a share.

Company Promoters:

Zomato is a professionally managed company with no identifiable promoters under the SEBI ICDR Regulations and Companies Act.

Zomato Board of Directors:

  1. Deepinder Goyal – Founder & CEO
  2. Gunjan Patidar – Chief Technology Officer
  3. Jyoti Maurya – Chief Executive Officer
  4. Karthi Jk – Owner and Founder
  5. Mohit Gupta – CEO – Food Delivery
  6. Mohit Sardana – COO – Food Delivery
  7. Venkat Sai – CEO
  8. Vikram Singh – CEO & Founder
  9. Aadish Dhakad – AVP Logistics
  10. Akshant Goyal – Vice President

Zomato Company Financials: 

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 87,035.43 29,003.82 34,134.05
Total Revenue 21,184.24 27,427.39 13,977.17
Profit After Tax (8,164.28) (23,856.01) (10,105.14)

 

About Zomato:

Fused in 2010, Zomato Limited is one of the main online Food Service platforms as far as the worth of food sold as of Dec 31, 2020. Its B2C offerings incorporate food delivery and dining-out services where customers can look and find restaurants, request food delivery, book a table, and make payments for dining out at restaurants while under the B2B fragment, it creates revenue from Hyperpure (supply of excellent fixings and kitchen products to restaurants) and Zomato Pro, customer loyalty program.

As of December 31, 2020, Zomato has set up a solid footprint across 23 nations with 131,233 dynamic food delivery restaurants, 161,637 dynamic delivery partners, and a normal month-to-month food request of 10.7 million customers.

Company Contact Information:

Zomato Limited

Ground Floor, 12A, 94 Meghdoot, Nehru Place

New Delhi, 110 019

Phone: +91 011 4059 2373

Email: companysecretary@zomato.com

Website: http://www.zomato.com/

Zomato IPO Gray Market Price (GMP)

Zomato IPO GMP is ₹16 as of today.

How to Apply For Zomato IPO?

You can apply in Zomato IPO web-based utilizing either UPI or ASBA as a payment method. ASBA IPO application is accessible in the net banking of your financial balance. UPI IPO application is offered by dealers who don’t offer banking services. Peruse more insight concerning apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

How to apply in Zomato IPO through Zerodha?

Zerodha customers can apply online in Zomato IPO utilizing UPI as a payment passage. Zerodha customers can apply in Zomato IPO by login into Zerodha Console (back office) and submitting an IPO application form:

Steps to apply in Zomato IPO through Zerodha

1. Visit the Zerodha website and login to Console.

2. Go to Portfolio and snap the IPOs link.

3. Go to the ‘Zomato IPO’ line and snap the ‘Bid’ button.

4. Enter your UPI ID, Quantity, and Price.

5. ‘Submit’ IPO application form.

6. Visit the UPI App (net banking or BHIM) to approve the mandate.

How to apply in Zomato IPO through Upstox?

The process to Apply in IPO with Upstox

Following are the means to apply for IPO web-based utilizing upstox:

1. Login to your Upstox pro trading website

2. Go to IPO segment

3. Select the IPO you wish to apply

4. Enter your UPI ID

5. Submit the IPO bid

When is Zomato IPO listing date?

The Zomato IPO listing date isn’t yet declared. The tentative date of the Zomato IPO listing is Jul 27, 2021.

When Zomato IPO allotment?

The finish of Basis of Allotment for Zomato IPO will be done on Jul 22, 2021, and the assigned shares will be credited to your Demat account by Jul 26, 2021.

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