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Zomato Limited IPO (Zomato IPO) Detail

Jul 14, 2021 - Jul 16, 2021

Incorporated in 2010, Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold as of Dec 31, 2020. Its B2C offerings include food delivery and dining-out services where customers can search and discover restaurants, order food delivery, book a table, and make payments for dining out at restaurants while under the B2B segment, it generates revenue from Hyperpure (supply of high-quality ingredients and kitchen products to restaurants) and Zomato Pro, customer loyalty program.

As of December 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.

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.

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 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 Date Jul 14, 2021 to Jul 16, 2021
Listing Date Friday, July 23, 2021
Face Value ₹1 per share
Price ₹72 to ₹76 per share
Lot Size 195 Shares
Issue Size[.] shares of ₹1
(aggregating up to ₹9,375.00 Cr)
Fresh Issue[.] shares of ₹1
(aggregating up to ₹9,000.00 Cr)
Offer for Sale[.] shares of ₹1
(aggregating up to ₹375.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

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

Zomato IPO Tentative Timetable

Zomato IPO opens on Jul 14, 2021, and closes on Jul 16, 2021. The Zomato IPO bid date is from Jul 14, 2021 10.00 A.M. to Jul 16, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Jul 14, 2021
Closing Date Jul 16, 2021
Basis of Allotment Jul 22, 2021
Initiation of Refunds Jul 23, 2021
Credit of Shares to Demat Jul 23, 2021
Listing Date Jul 23, 2021

Zomato IPO Lot Size

The Zomato IPO 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
Retail (Min) 1 195 ₹14,820
Retail (Max) 13 2535 ₹192,660

Zomato IPO Review

The rationale is given in PREFACE and the negative P/E makes this mega primary offer a costly bet. Earlier two loss-making food chain IPOs of Burger King and Barbeque Nation have rewarded investors in the medium term, but they were in the hotel sector that enjoys good margins, whereas this company is purely dependent on third party supply and is primarily in the food delivery business. This being the first mover in the segment, its listing performance hinges on ongoing uncertainty and the future prospects. National Restaurant Association of India (NRAI) moving Competition Commission of India (CCI) for level playing field between restaurants and online food aggregators is a major concern for a while. Being mega offer, chances of allotment are higher. There is no harm in skipping this IPO with inflated valuations. Read detail review...


Zomato IPO Subscription Status (Bidding Detail)

The Zomato IPO is subscribed 38.25 times on Jul 16, 2021 5:01:00 PM. The public issue subscribed 7.45 times in the retail category, 51.79 times in the QIB category, and 32.96 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 5.13 times

CategorySubscription (times)
QIB51.79
NII32.96
Retail7.45
Employee0.62
Total38.25

Zomato IPO Prospectus

Zomato IPO Rating

3050
3.6
Rating:Rated 3.6 stars
Vote Here ...

Zomato IPO Listing Date

Listing Date Friday, July 23, 2021
BSE Script Code 543320
NSE Symbol ZOMATO
Listing In B Group of Securities
ISIN INE758T01015
IPO Price ₹76 per share
Face Value ₹1 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹76.00
₹115.00
₹114.00
₹138.00
₹125.85

Company Contact Information

Zomato Limited
Ground Floor, 12A, 94 Meghdoot, Nehru Place
New Delhi, 110 019

Phone: +91 011 4059 2373
Email: companysecretary@zomato.com
Website: http://www.zomato.com/

Zomato IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: zomato.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Zomato IPO FAQs

Zomato IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹9,375.00 Crores. The issue is priced at ₹72 to ₹76 per share. The minimum order quantity is 195 Shares.

The IPO opens on Jul 14, 2021, and closes on Jul 16, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Zomato IPO using UPI as a payment gateway. Zerodha customers can apply in Zomato IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Zomato IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Zomato IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Zomato IPO opens on Jul 14, 2021 and closes on Jul 16, 2021.

Zomato IPO lot size is 195 Shares and the minimum order quantity is .

You can apply in Zomato IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Zomato IPO will be done on Jul 22, 2021, and the allotted shares will be credited to your demat account by Jul 23, 2021. Check the Zomato IPO allotment status.

The Zomato IPO listing date is on Friday, July 23, 2021.
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Zomato IPO Message Board

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2641 Comments

1175. Sabarish R |   Link |Aug 23, 2021 10:23:17 AM
Why Zomato fell 10 rupees today any negative news??
1175.1. sonal patel |   Link |Aug 23, 2021 8:19:00 PM
IPO Guru IPO Guru (1400+ Posts, 5500+ Likes)
Zomato Ltd., slumped nearly 9% on Monday, the day the mandatory one-month lock-in period for anchor investors ended, wiping out over $1.25 billion in investor wealth
1174. Rahul Prajapati |   Link |Aug 23, 2021 1:34:50 PM
zomato target price 220 by icici
1174.3. Rahul Prajapati |   Link |Aug 23, 2021 3:53:29 PM
Diwali it will cross the 200 mark
1174.4. Rahul Prajapati |   Link |Aug 23, 2021 3:55:38 PM
I brought 200 shares
1173. Indar bhushan Thakur |   Link |Aug 23, 2021 2:06:09 PM
Online jobs
1172. Arjun Rajkot |   Link |Aug 11, 2021 8:40:54 PM
IPO Mentor IPO Mentor (500+ Posts, 1000+ Likes)
300
KAB AYEGA
1172.1. Rahul Popat |   Link |Aug 19, 2021 12:44:29 AM
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
Within diwali
1171. Asif Shaikh |   Link |Aug 16, 2021 1:30:40 PM
It''s been 1 month not yet received zomato ipo refund. Anyone please help
1170. NeoLongus |   Link |Aug 11, 2021 1:15:14 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
💎Diamond Hands for Zomato!

Great revenue traction in the quarter. India food delivery growth may tame in the coming quarters as there is no lockdown but at the same time dining out revenue should pick up. Adj. EBITDA loss has been in-check and whilst non cash ESOP expenses are significant, I would continue to keep a watch on this but not base my investment decisions basis this, for now.

However, I certainly feel that management commentary and disclosure of non GAAP metrics in quarterly results can be far better. The management needs to talk more...perhaps due to Swiggy they''re staying tight lipped but more information helps more than it hurts.

In a week, when most mid caps and small caps and recent IPO listings have been ravaged, the stock has buoyed up perhaps due to the faith in Internet Economy stocks in India. Though definitely, trading ahead of fundamentals on valuation, I''d continue to hold all my holdings that I gained as an HNI investor in the IPO, for now! Not selling anything at the moment!

💎Diamond Hands for Zomato!
1170.1. Sabarish R |   Link |Aug 11, 2021 4:47:02 PM
Thank you so much for your view ... I am too gonna hold it for long...
1169. Sabarish R |   Link |Aug 11, 2021 10:13:43 AM
Zomato broke all long term and short time support..
Also posted a bigger loss...
Can we sell now and buy later or hold??
Your views?? All??
1168. arunARUN |   Link |Aug 11, 2021 9:30:18 AM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
It appears higher revenue leads to higher loss. However counter still has enough interest to continue holding while keeping eagle watch
1167. DownriteVJ |   Link |Aug 10, 2021 10:35:38 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
India''s Zomato Ltd reported a bigger loss for the quarter ended June in the first results update since its listing last month, hurt by higher expenses and as the food delivery company''s dining-out business took a hit due to the pandemic.
1167.1. SKILLeagle |   Link |Aug 10, 2021 10:54:40 PM
View hai to batao bhai copy paste may kro
1166. SKILLeagle |   Link |Aug 10, 2021 10:24:51 PM
Any view on zomato results?
1165. MD MUNTAKHAB ALAM |   Link |Aug 10, 2021 8:28:49 AM
Ipo
1164. ipobull |   Link |Aug 7, 2021 11:56:47 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Zomato Quarterly Results on 10th Aug. WATCH OUT !
1163. Monster Zero |   Link |Aug 5, 2021 2:04:23 PM
IPO Guru IPO Guru (2500+ Posts, 2200+ Likes)
Zomato incorporates Zomato payments limited. A subsidiary of Zomato.
1162. ipobull |   Link |Aug 2, 2021 11:40:26 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Long term support for the stock shall be 129 in leu of 125 earlier. Accumulate if it comes down to 131, which I will be doing. But, do please watch out for its quarterly results.
1161. Krishna butbhava |   Link |Aug 1, 2021 12:34:21 PM
Zomato
Refund abhi tk nhi aya
Upi se apply kiya tha kbtk ayega kus pta he kishiko
Or kishi ka amount block he kya
Upi mandate not revoked
1161.1. JAY LAMBA |   Link |Aug 1, 2021 10:56:42 PM
Check the mandate expiry date, once the mandate is expired your funds will release.
1161.2. LockDownInvestor |   Link |Aug 2, 2021 6:27:30 PM
Ye customer care nahi hai. Apne bank se ya broker se contact karo pakki jaankaari ke liye.
1160. Arjun Rajkot |   Link |Jul 28, 2021 10:36:03 PM
IPO Mentor IPO Mentor (500+ Posts, 1000+ Likes)
Zomato 300 Aye Toh Batana::::

Roll n Roast.
1160.5. ColdBurger |   Link |Jul 31, 2021 10:32:12 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
@Arjun Rajkot ji: Kijtna share rakhe ho aap?💰💰💰💰
1160.6. Monster Zero |   Link |Aug 2, 2021 1:55:16 PM
IPO Guru IPO Guru (2500+ Posts, 2200+ Likes)
130 pe buy karo...140 pe sell...300 ka target 20 trading sessions me achieve ho jayega
1159. Monster Zero |   Link |Jul 29, 2021 5:24:58 PM
IPO Guru IPO Guru (2500+ Posts, 2200+ Likes)
Sold 390 @139... happy with GAINS. 😁
Will buy if it goes down in future
1159.3. ColdBurger |   Link |Jul 31, 2021 12:10:45 AM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Ok may it go below listing price any day. Still i have bought again small amount today. Easy to track if in portfolio. 3 purchase and 2 sale of zomato done in 4 days :)
1159.4. ipobull |   Link |Jul 31, 2021 1:21:07 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@ Cold Burger
125 is going to be a long term support for the stock. It will not go below its listing price. Many investors are booking profit to invest in flurry of IPOs which are coming. You took a right decision to keep some in portfolio.
1158. Krishna butbhava |   Link |Jul 31, 2021 12:13:51 AM
Zomato
Refund abhi tk nhi aya
Upi se apply kiya tha kbtk ayega kus pta he kishiko
Or kishi ka amount block he kya
Upi mandate not revoked
1157. DSR |   Link |Jul 30, 2021 3:57:04 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Still there is a good chance to exit whoever want to.. many stocks take years to reach the IPO listing price once they fall below...
1156. JAY LAMBA |   Link |Jul 29, 2021 8:19:49 PM
Saw good amount of buying volume today, may touch 146-150 tomorrow. What do you guys think?
1156.1. JAY LAMBA |   Link |Jul 30, 2021 3:23:12 PM
Nope. Selling volume seen today being Friday.