Zomato IPO is one of the most awaited IPO events in this financial year. The IPO will hit Dalal street on 14 July 2021. The company aims for an issue size of ₹9,375.00 Crore through this IPO.
Also read: IPO List 2021: a complete list of IPOs in 2021
Zomato Limited
The Zomato is one of the biggest startup successes 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 is having a valuation of around 53000 crores. The company is looking good with the valuations. but the financial results are a bit disappointing, but the coming years will give more revenues and the loss will be recovered.
Objects of the Issue
- Funding organic and inorganic growth initiatives.
- Meet general corporate purposes.
Strengths
- Strong customer base and well-known brand across the country.
- high-class management.
- unique business model. using an end-to-end food service approach.
- a large number of delivery partners across the country.
- using technology resources well. now implementing artificial intelligence.
Basic details about the company
| Full name | Zomato IPO |
| Sector | Food and Beverage |
| Industry | Foodtech |
| Company Website | www.zomato.com |
Dates to remember
| IPO Open | 14 July 2021 |
| IPO Close | 16 July 2021 |
| Basis of Allotment | 22 July 2021 |
| Refunds date | 23 July 2021 |
| Credit to Demat Account | 26 July 2021 |
| Listing Date | 27 July 2021 |
IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹9,375.00 Crore |
| Fresh Issue | ₹9,000.00 Crore |
| Offer for sale | ₹375.00 Crore |
| Face value | ₹1 per equity share |
| Price band | ₹72 to ₹76 per equity share |
| Retail Allocation | 10% |
| Lot size | 195 Shares |
| Minimum application | 1 Lot-195 Shares |
| Maximum application | 13 Lots-2535 shares |
| Minimum application amount | ₹14,820 |
| Maximum application amount | ₹192,660 |
| Listing Exchange | BSE & NSE |
Company Financials
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 69,883.21 | 29,003.82 | 34,128.80 | 13,744.94 |
| Total Revenue | 13,676.55 | 27,427.39 | 13,977.20 | 4,870.48 |
| Profit After Tax | (6,821.99) | (23,856.01) | (10,102.33) | (1,069.16) |
Valuation of Zomato (as of FY2020)
| Earnings Per Share (EPS) | ₹5.09 |
| Price/Earnings (PE ratio) | NA |
| Return on Net Worth (RONW) | -113.64% |
| Net Asset Value (NAV) | ₹4.48 per share |
Company Promoters
Zomato is a professionally managed company with no identifiable promoters under the SEBI ICDR Regulations and Companies Act.
Zomato IPO Lead Manager
- BoA Merrill Lynch
- Citigroup Global Markets India Private Limited
- Credit Suisse Securities (India) Private Limited
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Pvt Ltd
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: zomato.ipo@linkintime.co.in
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: companysecretary@zomato.com
Website: www.zomato.com
Zomato IPO Allotment Status
Zomato IPO allotment status will be available on Link Intime’s website.
Click on this link to get allotment status.
Final thoughts
Zomato IPO is going to hit Dalal street soon. It is considering one of the glamorous IPOs in the Indian stock market. so every stock market enthusiast is eagerly waiting for this grand IPO event. applying for IPO is purely a personal choice. make a detailed study about the company and do subscribe if you are feeling good about the company. learn well and make a wise decision.
Happy Investing