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zomato ipo review today Zomato has raised Rs 4,196 crore by allotting 55.2 crore shares to anchor investors at Rs 76 per share. Zomato is most popular food delivery platform Some of the key Marquee investors who were allotted shares in the anchor book include Tiger Global Investments Fund, BlackRock Global, Fidelity Funds, JPMorgan, Morgan Stanley Investment Fund, and T Rowe Price.
Zomato IPO is 195 shares for which an investor will have to spend Rs 14,820. A retail individual investor can apply for up to 13 lots (2,535 shares) by spending Rs 1,92,660. The firm will utilise net proceeds from the fresh issue for funding organic and inorganic growth initiatives (Rs 6,750 crore); and general corporate purposes.
The 3 day share sale by the popular food-delivery app has been fixed at the offer price of Rs 72-76 per share. Also Read - Zomato IPO to Open For Subscriptions:
How to Buy zomato ipo
- Download the Paytm Money app
- Login with your Paytm details
- Select the Zomato IPO option and fill in your investor details
- Enter the lot size
- Accept the mandate on the BHIM portal.
- The 3-day subscription period will end on Friday, i.e July 16.
paytm Money app. Here’s how you can buy shares:
Zomato IPO is also available on Zerodha, Upstox and other trading platforms. The initiation of refunds is July 23, while the IPO is expected to be listed on July 27, as per details provided by chittorgarh.
All You Need to Know; Explained
Zomato IPO has become the first public issue to be available for investors on Paytm. This means that all Paytm users will be allowed to place their bids for the Zomato IPO, which will resume subscriptions again tomorrow.