Zomato IPO Subscription Status

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Last updated on July 16th, 2021 at 05:47 pm

Zomato IPO Subscription Status

What is the Subscription status for Zomato IPO?

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Subscription Status {no. of times (x)}
Particulars Shares Offered 14th July 15th July 16th July
QIB 38,88,37,690 0.98 7.06 51.79
NII 19,43,37,499 0.12 0.45 32.96
Retail 12,95,58,333 2.64 4.73 7.45
Employees 65,00,000 0.17 0.36 0.62
Total 71,92,33,522 1.04 4.79 38.25

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Zomato Offer Details

How much is the retail category subscribed?

The retail category has subscribed by 7.45 x on the final day of the offer.

Zomato- Avoid or subscribe

What is the GMP for Zomato IPO?

Zomato IPO GMP has improved slightly to 17% i.e. a premium of Rs 12-14 per share.

How much amount is raised from the anchor investors

The Indian startup Zomato received about 30x more demand than the shares on offer. The total interest generated was in excess of Rs 1 trillion. The food aggregator allotted shares worth Rs 4195 crore to anchor investors. The shares were allotted at Rs 76 per share.

Who are the anchor investors for Zomato ahead of IPO?

New World Fund, Tiger Global, and BlackRock are some of the marquee investors who got allotment in the anchor book. Among the domestic investors,  Axis Mutual Fund, SBI MF, and HDFC MF received the allotment.

When will the shares be credited to the Demat account?

Important dates for Zomato IPO

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Zomato IPO Allotment and Listing
Basis of Allotment 22-Jul-21
Refunds 23-Jul-21
Credit to Demat Account 26-Jul-21
Listing Date 27-Jul-21

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CA Priyanka Choudhary Jain

 

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