Zomato IPO share allocation is more likely to happen at the moment, as per the schedule revealed within the draft pink herring prospectus, forward of debut. TheĀ meals supply startupĀ has fastened the IPO worth on the higher finish of the value vary of Rs 72-76. The shares are scheduled to be listed on the BSE and NSE on July 27.
Zomato’sĀ Rs 9,375-crore public supply consisted of a contemporary subject of Rs 9,000 crore and a suggestion on the market of Rs 375 crore by the promoter, Info Edge India. The Zomato IPOĀ had obtained stellar response from traders, subscribing 38.25 occasions between July 14 and July 16. The portion reserved for certified institutional consumers (QIB) was subscribed 51.79 occasions, non-institutional traders attracted 32.96 occasions subscription and retail portion, 7.45 occasions.
The anchor e-book, which is part of QIB class, additionally garnered a powerful response. Ahead of the IPO, the corporate raised as a lot as Rs 4,197 crore from anchor traders at a worth of Rs 76.
How to examine the allocation standing of Zomato IPO?
Link InTime (register’s web site)
Go to the Company discipline
Click on ‘Zomato’ from the dropdown menu
Choose PAN, Application Number, DP Client ID or Account quantity/IFSC choice, as is relevant
Enter the related particulars
Click on the Search button
BSE web site
Select Equity within the Issue Type discipline
Select the Issue Name from the dropdown menu (Zomato Limited)
Enter Application Number
Enter PAN Number
Click on the ‘Search’ button