Insights

Knock Knock.. IPO delivery from Zomato

July 13, 2021 . Manas muraleedharan

The most happening news of Equity town is here – Zomato IPO! Today, ‘Let’s order food’ has been replaced by ‘Let’s Zomato’. Such is the effect Zomato has had on our everyday lives. This blog is to give you a fair idea of the company & its financials, so that you can make an informed decision.

With its wide database of restaurants, its B2C offerings include delivery and dining-out. The company has established presence in 525 Indian cities and has 3,89,932 hotels in its listings (data as of 31-03-2021). As for the B2B section, it derives revenue from Hyperpure (an ingredient procurement solution) and Zomato Pro (A customer loyalty program). In the financial year that ended on Mar’21, the platform was visited by 32.1 million average monthly active users.  

Company Financials


Particulars

For the year ended 31-Mar-21

For the year ended 31-Mar-20

For the year ended 31-Mar-19

Total Assets

87,035

29,003

34,134

Total Revenue

21,184

27,427

13,977

Profit after Tax

(8,164)

(23,856)

(10,105)

Competitive Strengths

  • Great brand recognition
  • One of the top players in Food Delivery
  • Widespread and fast-growing network

Here are the IPO details.


IPO Date

July 14, 2021 – July 16, 2021

Issue Type

Book Built Issue IPO

Issue Size

Equity Shares of ₹1 (aggregating up to ₹9375 Cr)

Fresh Issue

Equity Shares of ₹1 (aggregating up to ₹9000 Cr)

Offer for Sale

Equity Shares of ₹1 (aggregating up to ₹375 Cr)

Face Value

₹1 per equity share

IPO Price

₹72 to ₹76 per equity share

Market Lot

195 Shares

Minimum Order Quantity

195 Shares

Listing At

BSE

Application

Lots

Shares

Amount (Cut-off)

Minimum

1

195

₹ 14,820

Maximum

13

2535

₹ 1,92,660

So, what’s holding you back from buying?

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