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· Zomato Limited is a technology platform
that connects customers to restaurants through delivery agents that was
incorporated in 2010.
Operations:
Provide a platform for customers to read and write reviews, order foods and
make payments. Also, provides marketing tools which helps them to engage and
get more customers. Hyperpure, is another initiative that supplies high quality
ingredients and kitchen products to restuarants.
· Promoters:
Zomato is a professionally managed
company with no identifiable promoters under the SEBI ICDR Regulations and
Companies Act.
· Similar Companies:
Swiggy, UberEats etc.
Issue''s Book Running Lead Managers:
BoA Merrill Lynch, CitigroupGlobal
Markets India Private Limited, Credit Suisse
Securities (India) Private Limited, Kotak Mahindra Capital Company
Limited, Morgan Stanley India Company Pvt Ltd
Reason for IPO:
Funding organic and inorganic
growth initiatives and general corporate purposes.
STRENGTHS
·
Users perceive Zomato as ‘Specialty product’ (Focused only on foods
& restaurants)
·
High awareness – Top of the mind product
·
Global presence – 25 countries – 1.5 million listed restaurants
·
Superior technology and a strong workforce of over 1200 people
·
Asset less business model
·
High financial leverage due to its business model
·
Simple & user-friendly interface
·
Aggressive and Innovative marketing strategy
·
Strong brand recognition and has won several accolades & awards
FAQs
1.
What
is the issue size of ZOMATO IPO?
A-
Zomato
LTD. IPO is a main-board IPO of equity shares of the face value of ?1
aggregating up to ?9375.00 Crores out of which 9000.00 crores is fresh issue.
The issue is priced at ?72 to ?76 per equity share.
2.
What
are the dates for the IPO?
A-
The
IPO opens on 14th July and closes on 16th July.
3.
What
are the lot sizes for the IPO?
A-
The
lot size is 195 shares.
4.
When
will the shares be allotted?
A-
The
shares will be allotted around 22 July, 2021.
5.
Who
is the registrar?
A- Link Intime India
Private Ltd
6.
Where
is the IPO listed?
A-
It
is listed on both NSE and BSE.