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Zomato IPO Review

 

Zomato IPO Date, Review, Price, Form & Market Lot Details

Zomato IPO date is announced, the IPO to hit the market on 14 July and closes on 16 July 2021. The Zomato IPO to raise ₹9375 Crores via IPO. SEBI clears Zomato IPO application on 20 July. Their listed company Naukri aka Info Edge (India) Ltd is their existing share holder and they will sell their stake of ₹375 crores via Zomato IPO.
 
Zomato Limited is planning to raise around ₹9375 crores via IPO. Zomato filed the DRHP with SEBI in April 2021 and cleared by SEBI on 2nd July 2021. The most awaited Zomato IPO to hit the market on 14 July 2021 as confirmed. The Zomato is one of the biggest startup success stories in India. Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. As per the unlisted numbers the company has a valuations of around 53000 crores. The company looks good with the valuations but the financial results looks bit a worry but the coming years might give more revenues and the loss might be narrowed. The retail portion of the IPO is 10% while QIB is 75% and NII is 15%. Zomato IPO to list on NSE and BSE both the indices. Check out for Zomato IPO details.
Zomato Logo

How to apply in Share Holder Quota:
If you want to apply Zomato IPO in the share holder quota, you should buy at least 1 share of Info Edge (India) Ltd aka Naukri. It should be in your Demat account when the company announce their IPO date or file the DRHP. Info Edge, One of the biggest share holder of Zomato reduced their offer for sale from ₹750 crore to ₹375 crores that is 50% off what was offered in DRHP.

Important Details:
Equity Shares outstanding prior to the Issue = 6,66,09,69,150 Shares
Fresh Issue of 1,18,42,10,526 Shares @76/- = ₹9,000 Crores
Offer for Sale of 4,93,42,105 Shares @76/- = ₹375 Crores
Equity Shares outstanding after the Issue = 7,84,51,79,676 Shares
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Category-wise Break up:
Anchor: 55,21,73,684 Shares = 4,196.52 Crores
QIB: 24,54,10,526 Shares = 2,797.68 Crores
NII: 18,40,57,895 Shares = 1,398.84 Crores
RII: 42,94,68,421 Shares = 932.56 Crores (Lot size: 195 = 6,29,258 Forms)
Empl.: 65,00,000 Shares = 49.40 Crores (Discount @??)
Total Issue: 1,23,35,52,631 Shares = 9,375.00 Crores.

Subscription required for 1X
RII = 6,29,258 Forms
NII = 1,398,84  Crores

Zomato IPO: Financial Information:
EPS for FY18-19: ₹(2.57) (Page #121 of RHP)
EPS for FY19-20: ₹(5.42) (Page #121 of RHP)
EPS for FY20-21: ₹(1.51) (Page #121 of RHP)

RoNW for FY18-19: (37.16)% (Page #122 of RHP)
RoNW for FY19-20: (113.64)% (Page #122 of RHP)
RoNW for FY20-21: (10.04)% (Page #122 of RHP)

NAV as on March 31, 2021 was ₹15.09 (Page #122 of RHP)

Subscription Estimates:

NII = 60K Crores = 42.89X
RII = 30L Forms = 4.77X Application wise

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