Wednesday, July 21, 2021

Zomato Limited IPO Status Details

 

Zomato Limited IPO (Zomato IPO) Detail

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.



Competitive 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.


Company Promoters:

Zomato is a professionally managed company with no identifiable promoters under the SEBI ICDR Regulations and Companies Act.

Zomato IPO Tentative Timetable

The Zomato IPO open date is Jul 14, 2021, and the close date is Jul 16, 2021. The issue may list on Jul 27, 2021.

IPO Open DateJul 14, 2021
IPO Close DateJul 16, 2021
Basis of Allotment DateJul 22, 2021
Initiation of RefundsJul 23, 2021
Credit of Shares to Demat AccountJul 26, 2021
IPO Listing DateJul 27, 2021
Zomato IPO allotment status is expected on Jul 22, 2021. Click the green button Zomato IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

 

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