Zomato (IPO) Details: The Indian multinational Food delivery company has announced its first-ever IPO. The Initial Public Offer will be open from 19 July 2021. This article includes Zomato IPO Date, Price Band, Issue Size, Live Subscription, Listing, Allotment, and Grey Market Price (GMP). This multinational company has been founded in 2008 by the founder of this firm Deepinder Goyal and Pankaj Chaddah. Recently, the company revealed many details about its upcoming IPO. Let’s talk about this Public issue briefly.
According to the details, the Food delivery firm Zomato filed the Draft Red Herring Papers (DRHP) with regulatory authority SEBI. It is the initial first step towards launching the IPO. When the submission gets approval from Sebi then it will get the official issue date by the regulatory authority Sebi. Read More: Paytm IPO Date & Price Details
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Zomato Company Valuation and Financials
Now if we talk about the financials and growth of Zomato. Currently, Zomato has more than 5000 employees across the network and operates on a large scale. On the basis of the FY20 July report, Zomato has a 160% revenue surge in FY 20 and on the other side, the profit still continues in this year also.
Zomato (IPO) Dates
Zomato IPO will be launch in May 2021 (as per the prediction). Although there is a need for confirmation from the officials of the company. However, the date is not yet confirmed by the company and it will take time because of the current situation in the market.
Tentative Timetable of IPO Dates
|IPO Opening Date||19 July 2021|
|IPO Closing Date||21 July 2021|
|Basis of Allotment Date||July 2021|
|Initiation of Refunds||July 2021|
|Credit of Shares to Demat Account||July 2021|
|IPO Listing Date||30 July 2021 (expected)|
Zomato IPO Price Band Details
As we know you are curious to know Zomato Share Price but it is yet to be confirmed. According to our expectations, the IPO Share Price will be between Rs 300 to Rs 500. You can buy the IPO once all the details will be approved and IPO is ready to list on the stock exchange of India. It will be a great day for the Food Delivery firm Zomato. Currently, there is a lack of availability of information regarding this Initial Public Offer. Stay with businesspatrika.com to know each & every detail about the latest upcoming 2021 IPOs.
Zomato IPO Listing Date
Zomato Listing will take place after the eight to nine days of closing of IPO. Now as per the details, Zomato IPO will be list on BSE, NSE.
|IPO Launch Date||19th July 2021|
|IPO Closing Date||21st July 2021|
|Min Order Quantity||–|
|Listing At||NSE, BSE|
|Issue Size||Rs 8,250 crore|
|Offer for Sale||–|
Zomato IPO Issue Size
The Issue Size is Rs 8,250 announced by the company the remaining details will be updated later in this article.
How To Apply Zomato (IPO) Form
Any applicant can apply Form for the Zomato IPO 2021. You just need to have an Demat account with any SEBI registered stockbroker in India. On the portal of your stockbroker you can easily apply for the Initial Public Offer at this available Price Band. To know complete details visit registered brokers like Zerodha, Upstox, 5Paisa, Sharekhan & Angel Broking.