Zomato IPO Details
Zomato 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 |
More about Zomato IPO
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)
An overhyped IPO. May not give good returns
what about zomoto ipo allotment
not yet finalised
it is allotted for me today
Wow, congratulations!!!