Zomato IPO Date

What’s the first thing we look for before giving exams, Date. Right? The same is the case when looking ahead to apply for the IPO.  If you are looking for one of the most awaiting IPOs of the year, then here we are with the complete details of the Zomato IPO Date. 

Leading food supplier ZOMATO is going to step into an IPO with a Fresh Issue of  Rs 9000 crore and an Offer For Sale of Rs 375 crore and will be launched on 14 July 2021.

Zomato IPO Date Details

The IPO brings in opportunities for the company to get listed on the major stock exchanges of India, NSE, and BSE. If you want to subscribe to the public offerings then it makes it important for you to look for the related dates. 

The various dates associates with the Zomato IPO and listing of the company are:

• A release date or Issue date
• Allotment date
• Credit of shares
• Refund of amount
• Listing date

Zomato IPO Release Date

For an IPO launching and closing date plays a very significant role. Zomato IPO is all set to work as a public offering on 14 July 2021 and will remain open for subscription for three days i.e. 16 July 2021. 

 

One having the Demat account can reap the benefit of subscribing at the earliest.

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So if you are not having a Demat account yet, then open it now online for FREE!

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Once you apply for the IPO successfully you wait for the allotment of shares in your Demat account. So let’s check the allotment date of the IPO

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Zomato IPO Allotment Date

Zomato IPO allotment date is fixed and you can check the allotment status online on 22 July 2021. 

Other than IPO allotment, more information on the dates associated with the IPO is enlisted in the table below. 

 

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Zomato IPO Listing Date 

The journey of Zomato IPO will mark its beginning on 14 July 2021 and finally the company gets listed in the stock exchange, i.e. in NSE and BSE on July 27, 2021. So from the listing date onwards, you can invest and trade on Zomato shares seamlessly. 

So, if you have made up your mind for the investment, then gain a brief understanding of how to apply for the IPO. 

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Zomato IPO Apply

It’s the same question you secretly dread after reading about the ZOMATO IPO? Isn’t it? If you are a newcomer in the secondary market it is necessary for them to know the steps to how to apply in Zomato IPO.

There are two practices that come into work while applying IPO:

1. Online method
2. Offline method

For both the above methods one common practice is ASBA(Application Supported by Blocked Amount).

POINT TO BE NOTED:  For both procedures, investors must have an active Demat Account.

ASBA is preferred because of the main advantage that investors’ amount is blocked in their bank account till the shares get allotted to them. In case you didn’t get the allotment, the amount gets unblocked. 

Now to apply for an IPO using ASBA, first you have to log in to the e-banking portal. Then, click on ASBA and ZOMATO IPO from the list.

Enter the number of shares and the bidding amount you want to invest in the IPO. 

Other than this, you can apply seamlessly by using the UPI mode of payment for blocking the corresponding amount in the bank account. 

For the offline mode, just fill in the form and submit the cheque of the amount to be blocked in the saving account temporarily.

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Should You Invest in Zomato IPO?

The food delivery giant has grown at least 3 times over in the last four years. Revenue at the end of December 2020, for the preceding 9 months, was ₹13,013 million, compared to ₹4,660 million for the fiscal year ending March 2018 which brings in opportunities for investors to plan their investment. 

So, if you are willing to invest, stay updated with all the dates mentioned above and reap the subscription benefits by applying at the earliest. 

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Open the Demat account and get ready to subscribe for the IPO online.

 

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