Zomato IPO Date, Price, GMP, Important key things about the IPO

 

Zomato IPO Full Detail

Zomato IPO: Rs 9,375 crore initial public offering will open on July 14. This would be the second-biggest IPO since SBI Cards and Payment Services’ Rs 10,341 crore issue in March 2020.

Important key things about the Zomato IPO

Zomato IPO opens for subscription
IPO will open for subscription on Wednesday, July 14, and will close on Friday, July 16.

Lot size for Zomato IPO
Investors can subscribe to the IPO by betting for 195/Lot shares. Retail investors can bid for a maximum of 13 lots at the upper end of the price band.

Price band for Zomato IPO
The price band for Zomato IPO has been fixed at Rs 72-76.
 
Lot size for Zomato IPO
Investors can subscribe to the initial public offering (IPO) by betting for a lot of 195 shares or in multiples thereof. Retail investors can bid for a maximum of 13 lots at the upper end of the price band.

Issue size of Zomato IPO
The issue comprises of fresh issuance of shares, aggregating up to Rs 9,000 crore, and an offer for sale of up to Rs 375 crore by existing shareholders.

Subscription quota reserved for retail
The quota for retail investors Zomato IPO is fixed at 10 % of the net offer. QIB quota is fixed at 75 % while 15 % is reserved for NIIs.

Employee quota in Zomato IPO
Yes. A total of 65 lakh equity shares will be offered to eligible employees.%

Allotment be finalized Date for Zomato IPO
The finalization of the basis of allotment is likely by July 22 and initialization of refunds is likely by July 23. Meanwhile, credit of shares to Demat accounts is likely by July 26.

Zomato IPO listing date
Zomato listing is likely by July 27.

Any listed peers of Zomato?
No, Zomato IPO will be among the first on the list of unicorn startups in India and the first of an online food aggregator.
Zomato IPO Key Note


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