Zomato LTD IPO: Issue Price, GMP, Issue size

Zomato Limited IPO
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Zomato LTD IPO is all set to make a debut in the stock market with an issue size of 9375 Cr. Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold.   

Zomato LTD IPO -Overview  

Zomato Limited IPO Limited IPO Issue Date         16-20 July 2021        
Zomato Limited IPO Limited IPO Opening Date         29 July 2021        
Zomato Limited IPO Limited IPO Face Value         INR 10 per share         
Zomato Limited IPO Limited IPO Price         INR 1083 per share        
Zomato Limited IPO Limited IPO Lot Size         13 Shares        
Issue Size         500 Cr        
Offer for sale         275 Cr     
Issue Type         Book built Issue IPO         
Listing At         BSE, NSE        
QIB Shares Offered           185.23 times        
NII (HNI) Shares         512.22 times        
Company Promoters         Ajaykumar Mansukhlal Patel, Chintan Nitinkumar Shah, and Snehkar Rasiklal Somani are the company promoters. 
Prudent Corporate Advisory Services IPO Details

Zomato LTD IPO-Tentative Dates         

Zomato Limited IPO Limited IPO opening date         16 July 2021        
Zomato Limited IPO Limited IPO closing date         20 July 2021        
Basis of Allotment         26 July 2021        
Initiation of Refunds         27 July 2021        
The credit of Shares to Demat        28 July 2021   
Zomato Limited IPO Limited IPO Listing Date         29 July 2021   

Zomato LTD IPO – Industry Overview.        

Food Services is a competitive market in India comprising food delivery players like Zomato and Swiggy, cloud kitchens like Rebel Foods, and others). branded Food Services players (including quick service rest Food delivery currents like Domino, Mcdonald’s, and Pizza Hut, players also compete with multiple other participants in the Food Services industry including restaurants that own and operate their delivery fleets, traditional offline ordering channels, such as take and phone-based ordering, local pub out offerings locations, and other media, both online and offline where restaurants place their advertisements to attract customers. In this competitive market, Zomato has consistently gained market share over the last the years to become the category leader of delivery space in India in terms of GOV from October 1, 2020, to March 31, 2021. The chart below represents the year-on-year growth of Zomato and the industry. 

Zomato LTD IPO

Zomato LTD IPO – Company Overview   

Zomato Limited technology platform connects customers, restaurant partners, and delivery partners, serving their multiple needs. Customers use the platform to search and discover restaurants, read and write customer-generated reviews and view and upload photos, order food delivery, book a table and make payments while dining partners with industry– out at restaurants. On the other hand, provide restaurant-specific marketing tools which enable them to engage and acquire customers to grow their business while also providing a reliable and efficient last-mile delivery service. also operate a one ng stop procurement solution, Hyper pure, which supplies high-quality ingredients to restaurant partners and provides the delivery partners with transparent and flexible earns opportunities. 

 Zomato LTD IPO-Objectives         

  • Funding organic and inorganic growth initiatives. 
  • Meet general corporate purposes. 

Zomato LTD IPO – Financial Statements        

Particulars        31-Mar-21      31-Mar-20      31-Mar-19      
Total Assets        87,035.43 29,003.82 34,134.05 
Total Revenue        21,184.24 27,427.39 13,977.17 
Profit After Tax        8,164.28 23,856.01 10,105.14 

Zomato LTD IPO Strengths        

  • Among the leading Food Service Delivery platforms. 
  • Recognized consumer brand equity across India. 
  • Widespread and efficient on-demand hyperlocal delivery network. 
  • A strong network of 131,233 restaurants and 161,637 delivery partners. 

Zomato LTD IPO Weakness         

  • History of net losses and chances of increased expenses in the future. 
  • Intense competition in food delivery and other business. 

Company Contact Information

Zomato Limited
Ground Floor, 12A, 94 Meghdoot, Nehru Place
New Delhi, 110 019

Phone: +91 011 4059 2373
Email: companysecretary@zomato.com

Zomato IPO Registrar

Phone: +91-22-4918 6270
Email: zomato.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Zomato IPO Lead Manager(s)

  1. BofA Securities India Limited (Past IPO Performance)
  2. Citigroup Global Markets India Private Limited (Past IPO Performance)
  3. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
  4. Kotak Mahindra Capital Company Limited (Past IPO Performance)
  5. Morgan Stanley India Company Pvt Ltd (Past IPO Performance)


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