Zomato IPO share allocation is more likely to happen right now, as per the schedule revealed within the draft pink herring prospectus, forward of debut. The meals supply startup has fastened the IPO value 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’s Rs 9,375-crore public supply consisted of a recent concern of Rs 9,000 crore and a suggestion on the market of Rs 375 crore by the promoter, Information Edge India. The Zomato IPO had obtained stellar response from traders, subscribing 38.25 instances between July 14 and July 16. The portion reserved for certified institutional patrons (QIB) was subscribed 51.79 instances, non-institutional traders attracted 32.96 instances subscription and retail portion, 7.45 instances.
The anchor e book, which is part of QIB class, additionally garnered a robust response. Forward of the IPO, the corporate raised as a lot as Rs 4,197 crore from anchor traders at a value of Rs 76.
The way to verify the allocation standing of Zomato IPO?
Hyperlink InTime (register’s web site)
Go to the Firm area
Click on on ‘Zomato’ from the dropdown menu
Select PAN, Utility Quantity, DP Shopper ID or Account quantity/IFSC possibility, as is relevant
Enter the related particulars
Click on on the Search button
BSE web site
Choose Fairness within the Challenge Kind area
Choose the Challenge Title from the dropdown menu (Zomato Restricted)
Enter Utility Quantity
Enter PAN Quantity
Click on on the ‘Search’ button