Wednesday, May 05, 2021

Zomato IPO Date, Review, Price, Form & Market Lot Details

Zomato IPO date is announced, the IPO to hit the market on 14 July and closes on 16 July 2021. The Zomato IPO to raise ₹9375 Crores via IPO. SEBI clears Zomato IPO application on 20 July. Their listed company Naukri aka Info Edge (India) Ltd is their existing share holder and they will sell their stake of ₹375 crores via Zomato IPO.
 
Zomato Limited is planning to raise around ₹9375 crores via IPO. Zomato filed the DRHP with SEBI in April 2021 and cleared by SEBI on 2nd July 2021. The most awaited Zomato IPO to hit the market on 14 July 2021 as confirmed. 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 valuations of around 53000 crores. The company looks good with the valuations but the financial results looks bit a worry but the coming years might give more revenues and the loss might be narrowed. The retail portion of the IPO is 10% while QIB is 75% and NII is 15%. Zomato IPO to list on NSE and BSE both the indices. Check out for Zomato IPO details.
Zomato Logo

How to apply in Share Holder Quota:
If you want to apply Zomato IPO in the share holder 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 announce their IPO date or file the DRHP. Info Edge, One of the biggest share holder of Zomato reduced their offer for sale from ₹750 crore to ₹375 crores that is 50% off what was offered in DRHP.

Important Details:
Equity Shares outstanding prior to the Issue = 6,66,09,69,150 Shares
Fresh Issue of 1,18,42,10,526 Shares @76/- = ₹9,000 Crores
Offer for Sale of 4,93,42,105 Shares @76/- = ₹375 Crores
Equity Shares outstanding after the Issue = 7,84,51,79,676 Shares
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Category-wise Break up:
Anchor: 55,21,73,684 Shares = 4,196.52 Crores
QIB: 24,54,10,526 Shares = 2,797.68 Crores
NII: 18,40,57,895 Shares = 1,398.84 Crores
RII: 42,94,68,421 Shares = 932.56 Crores (Lot size: 195 = 6,29,258 Forms)
Empl.: 65,00,000 Shares = 49.40 Crores (Discount @??)
Total Issue: 1,23,35,52,631 Shares = 9,375.00 Crores.

Subscription required for 1X
RII = 6,29,258 Forms
NII = 1,398,84  Crores

Zomato IPO: Financial Information:
EPS for FY18-19: ₹(2.57) (Page #121 of RHP)
EPS for FY19-20: ₹(5.42) (Page #121 of RHP)
EPS for FY20-21: ₹(1.51) (Page #121 of RHP)

RoNW for FY18-19: (37.16)% (Page #122 of RHP)
RoNW for FY19-20: (113.64)% (Page #122 of RHP)
RoNW for FY20-21: (10.04)% (Page #122 of RHP)

NAV as on March 31, 2021 was ₹15.09 (Page #122 of RHP)

Subscription Estimates:

NII = 60K Crores = 42.89X
RII = 30L Forms = 4.77X Application wise


    Zomato IPO Review

    • Apply with Long Term Gain

    Brokerage Firm IPO Review & Recommendations

    • Axis Capital: Neutral
    • Capital Market: May Subscribe
    • Choice Broking: May Subscribe
    • GEPL Capital: Subscribe
    • ICICI Securities: Neutral
    • KR Choksey: Subscribe
    • Religare Broking: Neutral
    • Sharekhan: Neutral
    • Ventura Securities: Subscribe
    • YES Securities: Subscribe
    • Arihant Capital: Subscribe
    • Motilal Oswal: Subscribe for Listing Gain

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    Zomato IPO Date & Price Band

     IPO Open:  14 July 2021
     IPO Close:  16 July 2021
     IPO Size:  Approx ₹9375 Crores
     Fresh Issue:  Approx ₹9000 Crores
     Offer for Sale:  Approx ₹375 Crores
     Face Value:  ₹1 Per Equity Share
     Price Band:  ₹72 to ₹76 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  10%
     Equity:  - Shares

    Zomato IPO Market Lot

    The Zomato IPO minimum market lot is 195 shares with ₹14,820 application amount. The retail investors can apply up-to 13 lots with 2535 shares or ₹192,660 amount.
     
     Minimum Lot Size:  Minimum 195 Shares
     Minimum Amount:  ₹14,820
     Maximum Lot Size:  Maximum 2535 Shares
     Maximum Amount:  ₹192,660

    Zomato IPO Allotment & Listing

    The Zomato IPO date is 14 July 2021 and the close date is 16 July 2021. The allotment will be finalized on 22 July 2021 and the IPO may list on 23 July 2021.
     
     Basis of Allotment:  22 July 2021
     Refunds:  22 July 2021
     Credit to Demat Account:  22 July 2021
     Listing Date:  23 July 2021

    Zomato IPO Form

    How to apply the Zomato IPO? You can apply 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.


    Zomato Company Financial Report

    As per the DRHP the company reported  ₹682 crore loss in nine months ending December 2020. The company shown a significant increase in the revenues in the pandemic with revenue increased almost three times. The loss is narrowed but the company valuations looks good and one should apply the Zomato IPO with short term and long term goals.

      ₹ in Crores

    Revenue Expense PAT
    2018 ₹466 ₹- -₹106.91
    2019 ₹1313 ₹- -₹1010.23
    2020 ₹2605 ₹- -₹2385.60
    2021 - 9M
    ₹6330 ₹- -₹682.19

    Company Promoters

    • COMPANY IS A PROFESSIONALLY MANAGED COMPANY AND DOES NOT HAVE AN IDENTIFIABLE PROMOTER

    About 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, Hyperpure, 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

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    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
    Note: Check Zomato IPO allotment status on Linkintime website allotment URL. Click Here

    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

    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 Crores via IPO. The issue is priced at ₹72 to ₹76 per equity share. The IPO to list on BSE & NSE.

    When Zomato IPO will open?

    The IPO is to open on 14 July 2021 for QIB, NII, and Retail Investors.

    What is Zomato IPO Investors Portion?

    The investors' portion for QIB 75%, NII 15%, and Retail 10%.

    How to Apply the Zomato IPO?

    You can apply Zomato IPO via ASBA online via your bank account. You can also apply 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 or in Application. 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. Open Demat Account with Zerodha.

    How to Apply the Zomato IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Zomato". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    What is Zomato IPO Size?

    Zomato IPO size is ₹9375 crores.

    What is Zomato IPO Price Band?

    Zomato IPO Price Band is ₹72 to ₹76.

    What is Zomato IPO Minimum and Maximum Lot Size?

    The minimum bid is 195 Shares with ₹14,820 amount while maximum bid is 2535 shares with ₹192,660.

    What is Zomato IPO Allotment Date?

    Zomato IPO allotment date is 22 July 2021.

    What is Zomato IPO Listing Date?

    Zomato IPO listing date is 23 July 2021. The IPO to list on BSE and NSE.

    Note: The Zomato IPO price band and date added as it will be officially announced. The IPO grey market premium (Zomato IPO GMP) added on the IPO grey market page as it will start)

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