130 likes | 140 Vues
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.
E N D
A Detailed Look into the Newly Launched Zomato IPO and Everything that You Need to Know about It!
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.
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.
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. www.ubuy.co.in
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
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
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. www.ubuy.co.in
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
Whereas, on the 26th of July 2021, will the depository accounts be credited with the equity shares. www.ubuy.co.in
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
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. www.ubuy.co.in
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
Facebook Info@ubuy.com Twitter www.ubuy.co.in Instagram