Zomato IPO opens application, valuations, The Zomato IPO Allotment Status Check | How to Check IPO Allotment Status, and GMP
What is Zomato IPO
The latest news on Zomato IPO shows a positive response from retail investors. The three-day subscription (14th July to 16th July) has shown good progress. The company’s IPO has a 1.20 subscription, and the retail portion is booked 3.5 times. The Zomato Initial Public Offering aims to get Rs. 8.250 crore in the IPO with SEBI (Securities and Exchange Board of India). The exchange market indicates potential investors’ bids of over 86 Crore shares more than the Zomato IPO offer of Rs. 71.92 crore in the equity shares. Note the company’s offer sizes were reduced on 13th July when Zomato raised Rs. 4,197 from anchor investors.
The shares were divided into 98% reserved for qualified investors and 17% for non-institutional investors. The current 3.5times booking is an oversubscription, and on day one, the retail share subscription was already at 2.90 times over the actual offer size. The subscription is open through online platforms using UPI and ASBA payments. The Company shareholders 74 and counting, with 18 investors have over one percent of the securities. The Zomato IPO founder and chief executive officer (Deepinder Goyal) are among the 18 shareholders with more than one percent (5.5 percent).
Zomato IPO Allotment status check online by pan number
The Zomato IPO Subscription Details
Zomato IPO offer size is Rs. 9000 Crore fresh issues and sale offer of Rs. 375 Crore for the shareholder company Info Edge India Limited. Zomato has reserved 65lakhs shares for company employees. The public offering is fixed at Rs. 72-76 per share, allowing the investors to subscribe for a minimum of 195 equity shares. Before the grand opening, the Zomato IPO has allotted Rs. 4,195 Crore to anchor investors. Where more than 522 million equity shares we offered to 200 domestic and foreign investors at Rs. 76 per share.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 51.79 |
| Non Institutional | 32.96 |
| Retail Individual | 7.45 |
| Employee Reservations | 0.62 |
| Total Subscription | 38.25 |
Zomato IPO Allotment Status Check
Eligible shareholders who have already bid can check the allotment status for the Zomato IPO Karvy, KFintech, BSEIndia, and NSEIndia using the steps below.
For Zomato BSE India allotment status online
- Open the BSEIndia website portal to access the Zomato IPO allotment status.
- On the menu, click the “equity” option and proceed to the tab Zomato.
- The company is only available once an allotment is done.
- Next, key in your PAN number and click the search button.
Zomato NSE India Allotment Status online
- Visit the BSE website NSE website page.
- Again click the “equity” option and select “Zomato” as the issuing name.
- Key in your PAN card number and click the search button.
| Company Name | IPO Status Check URL | |
| Link in Time | https://linkintime.co.in/IPO/public-issues.html | Link |
| K Fintech | https://kosmic.kfintech.com/ipostatus/ | Link |
| BSE INDIA | https://www.bseindia.com/investors/appli_check.aspx | Link |
What is Zomato
Zomato is a popular transnational restaurant aggregator and best food delivery company. The company was established in 2008 and has served millions of people across India. Zomato works by offering details, menus, and food delivery from partners suited in various cities. The company operates in more than 24 countries and 10,000 plus cities globally.
In 2021 Zomato launched its Initial Public Offering, becoming the most sort company by domestic and foreign investors. It has also transformed from a private company to a public company (Zomato limited). The company has shown significant growth over the years. In the financial year 2020, the Company revenue grew to$ 394 million that Rs. 2, 960 Crore. The Zomato Company has registered a valuation of $5.4 billion from various investors.
Zomato IPO objectives and strengths
The company’s objectives are to reach corporate purposes and fund organic and inorganic growth initiatives. One can invest with Zomato for its famous food delivery company globally. It has excellent network connections of 131,233 restaurants and 161,637 delivery partners.
Zomato IPO contact details
To access any detail from Zomato, you can use the following contacts:
Registered Office: Ground Floor, 12A, 94 Meghdoot, Nehru Place, New Delhi 110 019; Tel: +91 011 4059 2373
Corporate Office: Ground Floor, Tower C, Vipul Tech Square, Golf Course Road, Sector 43, Gurgaon 122 009; Tel: +91 124 426 8565
| Contact Person: | Sandhya Sethia |
| companysecretary@zomato.com | |
| Website | www.zomato.com |
| Corporate Identity Number | U93030DL2010PLC198141 |
When are the start date and end date for Zomato IPO subscriptions?
The IPO starts on 14th and ends on the 16th July 2021.
How can one apply for Zomato IPO?
Investors can apply using online platforms such as ASBA online using your bank or UPI from your stockbroker.
What is the Zomato IPO offer size?
The IPO offer size is Rs. 9,375 crores.
The minimum and maximum bid shares?
The minimum shares are 195 Rs. 14,820, and the maximum bid is 2535 equity shares going for Rs. 192,660.