Zomato IPO Details

Zomato IPOZomato IPO description – Zomato offers a technology platform which connects customers, restaurant partners and delivery partners, serving their multiple needs. Customers use the 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, it provides 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.

Zomato also operates a one-stop procurement solution, Hyperpure, which supplies high quality ingredients and kitchen products to restaurant partners. During FY2020, 41.5 million MAU (Monthly Average Users) visited its platform in India. As of 31 December 2020, the company was present in 526 cities in India, with 350,174 Active Restaurant Listings. Its mobile application is the most downloaded food and drinks application in India in each of the last three years since 2018 on iOS App store and Google Play combined. The company had footprint across 23 countries outside India as of 31 December 2020.

Promoters of Zomato – The company is professionally managed and does not have an identifiable promoter
Zomato IPO details
Subscription Dates 14 – 16 July 2021
Price Band INR72 – 76 per share
Fresh issue INR9,000 crore
Offer For Sale INR375 crore  
Total IPO size INR9,375 crore
Minimum bid (lot size) 195 shares
Face Value  INR1 per share
Retail Allocation 10%
Listing On NSE, BSE

 

Zomato's financial Performance (in INR crore)

  FY2018 FY2019 FY2020 FY2021
Revenue 487.0 1,397.7 2,742.7 2,118.4
Expenses 594.0 3,607.9 5,006.3 2,608.8
Comprehensive income -104.1 -1,013.1 -2,362.8 -822.3
Margin (%) -21.4 -72.5 -86.1 -38.8

Registrar of Zomato IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Zomato Contact Details

Zomato Limited
Ground Floor, Tower C,
Vipul Tech Square, Golf Course Road,
Sector 43, Gurgaon 122 009
Phone: +91 124 426 8565
Email: [email protected]
Website: www.zomato.com

Valuation of Zomato (as of FY2021)

Earnings Per Share (EPS): -INR1.51
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): -10.04%
Net Asset Value (NAV): INR15.09 per share

Zomato IPO GMP Daily Trend

Date Zomato IPO GMP Kostak Subject to Sauda
22 July 2021 INR20 INR520 INR2,500
21 July 2021 INR20 INR550 INR2,800
20 July 2021 INR17 INR500 INR2,000
19 July 2021 INR17 INR550 INR2,000
17 July 2021 INR15 INR450 INR2,000
16 July 2021 INR15 INR450 INR2,000
15 July 2021 INR15 INR450 INR1,800
14 July 2021 INR10 INR350 INR1,200
13 July 2021 INR10 INR350
12 July 2021 INR15 INR500 INR1,800
10 July 2021 INR18 INR500 INR1,800
9 July 2021 INR18 INR500 INR1,800
8 July 2021 INR20 INR550 INR2,000
7 July 2021 INR20 INR520 INR1,800
6 July 2021 INR25 INR450 INR1,500

Zomato IPO Subscription Details

Category Shares offered Subscription (no. of times, at 5 PM)
Day 1 Day 2 Day 3
QIB 38,88,37,690 0.98 7.07 51.79
NII 19,43,37,499 0.12 0.45 32.97
Retail 12,95,58,333 2.70 4.73 7.45
Employee 65,00,000 0.18 0.36 0.62
Total 71,92,33,522 1.05 4.80 38.26

 

Zomato IPO Review - Broker Views

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Zomato IPO Allotment Status

Zomato IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

Listing Performance of Zomato

IPO Opening Date: 14 July 2021
IPO Closing Date: 16 July 2021
Finalisation of Basis of Allotment: 22 July 2021
Initiation of refunds: 22 July 2021
Transfer of shares to demat accounts: 22 July 2021
Listing Date: 23 July 2021
Opening Price on NSE: INR116 per share (up 52.63% from IPO price)
Closing Price on NSE: INR125.3 per share (up 64.87% from IPO price)

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