Zomato IPO share allotment has been finalised on Thursday, 22 July 2021. The online restaurant discovery and meals supply platform IPO, which was launched final week, noticed robust demand from buyers, subscribing 38.25 occasions on the ultimate day. In the grey market on Thursday, Zomato shares have been quoting at a premium of Rs 23.75 apiece, from Rs 19, earlier this week. The shares have been buying and selling at Rs 99.75 apiece, implying a premium of 31.25 per cent over the IPO worth, in accordance with the individuals who deal in shares of unlisted firms. The problem was offered at a worth band of Rs 74-76 a share. According to RHP, Zomato will make its stock market debut subsequent week on Tuesday, 27 July 2021. The initiation of refunds or unblocking of funds from ASBA accounts will happen on 23 July 2021. While the fairness shares can be credited to depository accounts on 26 July 2021.
Also learn: Clean Science and Technology makes bumper itemizing; shares debut at practically double the IPO worth
Last week, on the IPO opening, Zomato shares have been commanding a premium of simply Rs 8, which has surged to Rs 23.75 per share on Monday, following a bumper itemizing of GR Infraprojects and Clean Science and Technology shares, Abhay Doshi, Founder, UnlistedArea.com, dealing in Pre-IPO & Unlisted Shares, informed Financial Express Online. The IPO buyers can verify the IPO allotment status via BSE and the registrar’s web sites. The registrar of the difficulty is Link Intime India, a SEBI-registered entity that processes all purposes electronically and takes care of the allotment and refund course of.
Also learn: GR Infraprojects shares listing at 105% premium to IPO worth; double buyers money
Check Zomato share allotment status via registrar Link Intime India web site
To verify the share allotment status, choose the company identify as ‘Zomato – IPO’ from the drop-down listing on the Link Intime India web site, when it will get declared. Check field both PAN, Application Number or Depository/Client ID. Accordingly, enter the everlasting account quantity or Application Number or Depository/Client ID within the field. Enter the given captcha within the offered area and click on the submit button. This will show the variety of shares which were utilized and allotted to the investor.
Check share allotment status in Zomato via BSE web site
Another approach to verify the allotment status in Zomato is thru the BSE web site (https://www.bseindia.com/investors/appli_check.aspx). Select ‘equity’ as the difficulty sort, and ‘Zomato Ltd’ as the difficulty identify from the drop-down listing, when it will get declared. Enter the application quantity and PAN (everlasting account quantity). Click on ‘I am not a Robot’. In the final step, click on on the search tab to view the status particulars.