Zomato IPO GMP (grey market premium)

In terms of financials, Zomato is a loss-making company. Zomato has incurred loss of Rs 1,010.51 crore, Rs 2,385.60 crore and Rs 8,16.42crore in fiscals 2019, 2020 and 2021, respectively

Zomato IPO GMP in grey market

Zomato IPO GMP today on 14 July is ₹8.75 to rs 9.0 which was at ₹13 to ₹17 yesterday. However, yesterday Zomato IPO in the grey market had jumped from ₹12 to ₹16. So, if we go by the market observers’ views, the expected listing of the Zomato IPO in the grey market is around ₹81 to ₹85, which is around 12 per cent higher from Zomato IPO price of ₹72 to ₹76.

Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold as of Dec 31, 2020. Zomato has established a strong footprint across 23 countries with 131,233 active food delivery restaurants, 161,637 active delivery partners, and an average monthly food order of 10.7 million customers.

Zomato Company Competitive Strengths

  • Among the leading Food Service Delivery platforms.
  • Recognized consumer brand equity across India.
  • Widespread and efficient on-demand hyperlocal delivery network.
  • A strong network of 131,233 restaurants and 161,637 delivery partners.

Zomato Company Promoters:

Zomato is a professionally managed company with no identifiable promoters under the SEBI ICDR Regulations and Companies Act.

Zomato Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 87,035.43 29,003.82 34,134.05
Total Revenue 21,184.24 27,427.39 13,977.17
Profit After Tax (8,164.28) (23,856.01) (10,105.14)

Objects of the Zomato IPO Issue:

The net proceeds from the IPO will be utilized towards the following objectives;

  • Funding organic and inorganic growth initiatives.
  • Meet general corporate purposes.

Zomato IPO Details

IPO Opening Date Jul 14, 2021
IPO Closing Date Jul 16, 2021
Issue Type Book Built Issue IPO
Face Value ₹1 per equity share
IPO Price ₹72 to ₹76 per equity share
Market Lot 195 Shares
Min Order Quantity 195 Shares
Listing At BSE, NSE
Issue Size [.] Eq Shares of ₹1
(aggregating up to ₹9,375.00 Cr)
Fresh Issue [.] Eq Shares of ₹1
(aggregating up to ₹9,000.00 Cr)
Offer for Sale [.] Eq Shares of ₹1
(aggregating up to ₹375.00 Cr)

Zomato IPO Tentative Timetable

The Zomato IPO open date is Jul 14, 2021, and the close date is Jul 16, 2021. The issue may list on Jul 27, 2021.

IPO Open Date Jul 14, 2021
IPO Close Date Jul 16, 2021
Basis of Allotment Date Jul 22, 2021
Initiation of Refunds Jul 23, 2021
Credit of Shares to Demat Account Jul 26, 2021
IPO Listing Date Jul 27, 2021

Zomato IPO Lot Size

The Zomato IPO market lot size is 195 shares. A retail-individual investor can apply for up to 13 lots (2535 shares or ₹192,660).

Application Lots Shares Amount (Cut-off)
Minimum 1 195 ₹14,820
Maximum 13 2535 ₹192,660

Zomato IPO Subscription Status (Bidding Detail)

The Zomato IPO is subscribed 0.27x times on Jul 14, 2021 12:28