Here all set to welcome the most awaited IPO: Zomato Ltd. The spike creates from the very beginning of 2021 on the topic is going to true. The 2nd biggest Ipo after SBI Card is going to Launch. 3 Months before, we already provided a detailed analysis of the Zomato Model, which will help you to evaluate the growth and shortly forecast the future. You can click here to know more.
The Lunch box is ready to launch its share in public. It is going to be a very big value IPO, which is almost Rs. 9,375 Cr. The IPO will be launch on 14th July-16th July. As we already mentioned in our previous discussion of the Zomato Ltd. Review, the issue comprises an offer for sale of 375 Cr. by Info Edge, the Investor of Zomato and a fresh issue worth 9,000 Cr.
Zomato IPO Details
|
IPO Opening Date |
14-07-2021 |
|
IPO Closing Date |
16-07-2021 |
|
Listing at |
BSE |
|
Issue Size |
Rs. 9375 Cr. |
|
Fresh Issue |
Rs. 9000Cr. |
|
Offer for QIB |
75% |
|
Offer for NII |
15% |
|
Offer for Retail Category |
10% |
|
IPO Price Band |
72-76 |
|
Lot per unit |
195 No. of Shares |
|
Face value |
Rs. 1 per share |
Zomato Grey Market Premium
The GMP is around 13-15 which is nearly 20% of the IPO price band. It is tentative and changed daily basis as per demand and supply. It is an overall calculation that may be provide listing gain to the holder of IPO on the listing day which is likely to be 27th July.
Zomato IPO Timetable (Tentative)
|
IPO Open date |
14th July 2021 |
|
IPO Closing date |
16th July 2021 |
|
Allotment Date |
22nd July 2021 |
|
Refund initiation date |
23rd July 2021 |
|
IPO listing date |
27th July 2021 |
ZOMATO IPO lot size:
There are minimum 1 lot to apply with 195 unit of shares which cost Rs. 14,820.00. And the maximum of 13 lots which is 2535 unit of share and cost Rs. 1,92,660.00.
Zomato’s Financial Overview:
The Blow is its financial overview you need to know:
Particulars | Fiscal 2021 | Fiscal 2020 | Fiscal 2019 | Fiscal 2018 |
Equity Share capital (in Rs. crores) | 0.03 | 0.03 | 0.03 | 0.03 |
Net worth (Rs. crores) | 7754.53 | 2,083.10 | 2964.51 | 1,207.85 |
Revenue from operations (Rs. crores) | 2,118.42 | 2,604.73 | 1,312.58 | 466.02 |
Loss for the period/year (Rs. crores) | (816.43) | (2,385.60) | (1,010.23) | (106.91) |
Basic earnings per share | (8,496.65) | (34,121.10) | (16,027.31) | (2,243.76) |
Diluted earnings per share | (8,496.65) | (34,121.10) | (16,027.31) | (2,243.76) |
Net asset value per equity share | 78,863.30 | 30,026.70 | 43,130.82 | 26,140.47 |
Conclusion:
Zomato Ltd. is a futuristic company that is going to lead in the food delivery market. So keeping a long term view, you can go for investment. but it is for a listing gain, there is a very low chance of gaining listing gain as this is not a good profitable company. If it is fully subscribed till the end of the third day, then only you can get listing gain.
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