Insights

Knock Knock.. IPO delivery from Zomato

July 13, 2021 . Manas muraleedharan

Bulletin

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 Today, ‘Let’s order food’ has been replaced by ‘Let’s Zomato’.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