Zomato IPO is going to hit markets soon and you can apply to Zomato IPO from 14th July to 16th July 2021. Zomato is aiming to raise ₹9375 Crores through an IPO which consists of a fresh issue of ₹9000 crores worth equity and OFS (Offer For Sale) of ₹375 crores by existing shareholders.

Infoedge which owns Naukri.com is going to sell their stake worth ₹375 crores in Zomato IPO July 2021. In the Zomato IPO, there is a special reservation of 65 lakh equity shares for the employees. 

Zomato is one of the most successful food delivery startups in India. Pankaj Chaddah and Deepinder Goyal started Zomato in 2008. Their valuation is around ₹40,500 crores as of June 2021. The company has good valuations but the financials of the company are a little bit scary here. Zomato is expected to perform well in upcoming years. 

Many IPOs are going to launch this year check here the list.

Open date14th July 2021
Close date16th July 2021
Total Size of IPO₹9375 Cr.
Fresh Issue 9000 Cr.
Offer for Sale₹375 Cr.
Price Band₹72 – 76
Face Value₹1 per share
Listing onNSE and BSE
Retail Investor’s Portion10%

Zomato IPO Market Lot:

The minimum market lot of Zomato IPO is 195 shares with 14,820 applications. Retail investors can apply for 13 lots with 2535 shares application worth 1,92,660.

ApplicationLotSharesCut Off Amount
Minimum (RII)119514,820
Maximum (NII)1325351,92,660

Objectives of Issue – 

  • To achieve organic and inorganice growth throught the money raised.
  • Meet general corporate purposes.
  • To make OFS and give exit to some existing shareholders.

Should you subscribe to Zomato IPO?

We have researched and mentioned the strengths and risks of Zomato. The final verdict will help you make the right decision.

Strength – 

  • Zomato’s revenue depends on multiple streams like food delivery, dining out, B2B hyperpure, Zomato Pro, and Zomato gold services.
  • Zomato’s Secret Business –  Zomato has a lot of user data. They know the demand and supply game very well in the food industry and they made a business out of this in 2019 by supplying raw materials to partnered restaurants. 
  • Hyperpure service is one of the most profitable services after food delivery and subscription services. Till December 2020 they supplied raw materials to 6000 partnered restaurants in India. 
  • No bigger competitors in the market apart from Swiggy.

Risks – 

  • Zomato is not able to generate good profits till now. Bad financial numbers.
  • Amazon is entering the food delivery space. They can be a tough competitor for them.
  • Founders of the company have only 5.6% stake in Zomato which makes investors nervous.

Final Verdict – 

Valuations for Zomato are attractive as they have massive growth and also they are the premium first mover in the food delivery sector to get listed in markets which will give them a lot of fame in upcoming years. We have covered a detailed review of the Zomato IPO in our learning resources. You can get more insights through it. 

Investors can invest for the long term in the Zomato IPO. It’s early to predict but Zomato IPO can give great listing gains by seeing its grey market premium. You can keep a track of Zomato IPO GMP here.

Zomato IPO Allotment & Listing Dates:

Zomato IPO’s open date is 14th July and the closing date is 16th July. Allotment of shares will be done on 21st July and the listing date on NSE & BSE is 26th July 2021.

Allotment Date for Zomato- 21st June 2021
Refund Date for Zomato – 22nd July 2021
Credit of Shares to Demat Account – 23rd July 2021
Listing Date for Zomato – 26th July 2021

Applying IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.

Financials of Zomato IPO:

The financials of Zomato are not very attractive. From 2019 the revenue numbers are increasing constantly. Net income is also increasing slightly. Upcoming financial numbers are expected to be good so we suggest investors apply for the IPO.

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)PAT Net Income (₹ in Cr.)
2019139736071010.32
2020 (March)27425006-2385.7
2020 (Dec)13671723-345.21

About Zomato –

Zomato was founded by Pankaj Chaddah and Deepinder Goyal in Gurugram. In 2008, it was launched as a food discovery platform but as they grew ahead they also started food delivery, dining out, B2B hyperpure, Zomato Pro, and Zomato gold services.

Zomato
Zomato Business Model

Zomato gives space to restaurants on their platform and takes some fees in return. Till 31 December 2020, it had 3.5 lakh active listings on its platform.

They also have special memberships like Zomato Pro and Gold which give flat discounts on food delivery and some special dining out offerings. As of now, they have 1.4 million members and 25,320 restaurant partners in India for this particular business.

IPO Registrar Details –

Link Intime India Private Limited
C 101, 247 ParkL.B.S.Marg
Vikhroli (West) Mumbai 400 083
Tel: +91 22 49186200
E-mail: [email protected]
Website: www.linkintime.co.in

Zomato Contact Details –

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: [email protected]

Zomato IPO FAQ –


When will Zomato IPO open for Investors?

Zomato IPO will open on 14th July 2021 and will close on 16th July 2021.

What is Zomato IPO Retail Portion?

The portion allocated for retail investors in Zomato IPO is 10%

How to apply for Zomato IPO?

You can apply Zomato IPO in 3 ways:
Open a Demat account through a bank or brokerage firm and apply through it.
Apply via ASBA application online through your bank.
Fill up the offline IPO form and submit it to the bank or broker.

Should I invest in Zomato IPO?

Valuations for Zomato are attractive as they have massive growth and also they are the premium first mover in the food delivery sector to get listed in markets which will give them a lot of fame in upcoming years. We have covered a detailed review of the Zomato IPO in our learning resources. You can get more insights through it. 

What is the allotment date for Zomato shares?

21st July 2021 is the allotment date for Zomato shares.

What is the listing date for Zomato IPO?

26th July 2021 is the listing date for Zomato. It will be listed on NSE and BSE.

What is the cutoff price for Zomato IPO?

The cutoff price for Zomato IPO is ₹76 per share.

Will Zomato IPO give listing gains?

Investors can invest for the long term in Zomato. It’s early to predict but Zomato can give great listing gains by seeing its grey market premium. You can keep a track of Zomato IPO GMP here. 


Disclaimer for Investors:

  • We on ipogmp.in do not buy or sell any kind of IPO forms.  
  • Do not subscribe to IPO just by seeing its GMP. You should do proper research about the fundamentals of a company.
  • IPO GMP changes every day and you can view the changes in the above table.
  • Always apply to an IPO after understanding financials and discussing with your financial advisor.

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