Zomato, famous food delivery app, is coming out with an IPO from July 14 to July 17, 2021 with a Price band of Rs.72 to Rs.76 per equity share.
Incorporated in 2010, Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold as of Dec 31, 2020. Its B2C offerings include food delivery and dining-out services where customers can search and discover restaurants, order food delivery, book a table, and make payments for dining out at restaurants while under the B2B segment, it generates revenue from Hyperpure (supply of high-quality ingredients and kitchen products to restaurants) and Zomato Pro, customer loyalty program.
As of December 31, 2020, Zomato has established a strong footprint across 23 countries with 131,233 active food delivery restaurants, 161,637 active delivery partners, and an average monthly food order of 10.7 million customers.
Important Information about Zomato IPO
| IPO Opening Date | Jul 14, 2021 |
| IPO Closing Date | Jul 16, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | ₹72 to ₹76 per equity share |
| Market Lot | 195 Shares |
| Min Order Quantity | 195 Shares |
| Listing At | BSE, NSE |
Important Dates for Zomato IPO
| IPO Open Date | Jul 14, 2021 |
| IPO Close Date | Jul 16, 2021 |
| Basis of Allotment Date | Jul 22, 2021 |
| Initiation of Refunds | Jul 23, 2021 |
| Credit of Shares to Demat Account | Jul 26, 2021 |
| IPO Listing Date | Jul 27, 2021 |