Zomato had made a pretty heavy footprint across 23 countries, with more than 100k active food delivery restaurants and online stores. After their IPO launched, immediately witnessed a pretty heavy demand from interested investors, the subscribe rate on the last day going up to 38.25 times.
Beyond Numbers A Holistic Approach to Forensic Accounting
A Detailed Look into the Newly Launched Zomato IPO
1. ADetailed Look into
the Newly Launched
Zomato IPO and
Everything that You
Need to Know about It!
2. Launched back in 2010, Zomato
Limited was quick to earn its
recognition as one of the leading
food delivery and service platforms
in India. This rise in popularity can
be attributed to the factors that
Zomato successfully provided the
best value in terms of food, as it
was sold up until December of
2020.
3. For the B2C offerings, Zomato
includes dining out as well as food
delivery services, where users can
look up and discover new
restaurants, order a food delivery
right from their home, or book a
table, and even make payments
after dining out at a restaurant
under the segment of B2B services.
4. www.ubuy.co.in
As of December 2020, Zomato had
made a pretty heavy footprint across
23 countries, with more than 100k
active food delivery restaurants and
online stores, more than 160,000
delivery partners, and an average of
11 million active monthly orders.
5. What is the Zomato IPO?
Zomato IPO
has given the date of 22nd July 2021,
Thursday, for the share allotments to be
finalized. The IPO of the food delivery
app, which was launched in the second
week of July 2021, immediately
witnessed a pretty heavy demand from
interested investors, the subscribe rate
on the last day going up to 38.25 times.
www.ubuy.co.in
6. What are the Prices of
the Zomato Shares?
On Monday, the gray market
saw the shares of Zomato
quoted at a premium price of
RS. 19, whereas the issue
price was RS. 74 to 76 per
share.
www.ubuy.co.in
7. The shares, which were being traded
at a price of 95 INR per piece, implied
that a premium of 25 percent is
available over its IPO price, reported
by the people who dealt with the
shares by unlisted companies.
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8. The Tentative Dates of
Zomato IPO
Zomato’s stock market debut is
scheduled to be on the 17th of July,
2021. On 23rd July 2021, the refunds
will be initiated, or the unblocking of
funds that were in the ASBA
accounts.
www.ubuy.co.in
9. Whereas, on the 26th of July 2021, will
the depository accounts be credited
with the equity shares.
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10. How Can You Check
Your Allotment Status?
If you want to check your allotment
status through the registrar link on
Intime India website, you have to first
set the company name as Zomato –
IPO which you will see in the dropdown
list once you visit the website’s home
page, as soon as it is declared.
www.ubuy.co.in
11. Then you will be required to check
your correct option amongst PAN,
Client or depository ID, or application
number, and accordingly put in your
information. Once done, make sure
that you enter the captcha that is
provided at the end of the page, and
then click on the submit button.
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12. This will automatically redirect you to a
page where you will be able to check the
number of shares that were applied for
and have been allotted to the investor.
Now that you have the relevant
information, you can take an informed
decision and see if it’s worthwhile
making the investment.
www.ubuy.co.in