Zomato IPO Subscription Status: FINAL
Zomato Limited, incorporated in 2020, is a leading technology platform that connects customers, restaurant partners, and delivery partners, serving their multiple needs. It is one of the leading Food Services platforms in India in terms of the value of food sold, as of March 31, 2021. During Fiscal 2021, 32.1 million average MAU visited their platform in India.
Zomato IPO Subscription: End of Day Update
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Zomato IPO Subscription: Analyst Recommendations
Choice Broking – SUBSCRIBE WITH CAUTION
“The company has certain positivities like asset-light scalable business model, expanded target market post the pandemic, first-mover advantage in food delivery business etc. But its operations in an almost duopoly market may attract regulatory actions. Also, its operations are generating heavy losses, albeit some improvements in FY21, which we believe is not sustainable once socialization normalizes post-pandemic“
LKP RESEARCH – SUBSCRIBE [ Report ]
“Zomato is being listed at a revenue multiple of 27x its FY21 revenues whereas global peers trade
in the range of 3-19x price to sales. However, the opportunity and scope of further growth is
significant for Zomato.“
VENTURA – SUBSCRIBE
“Evolving nature of the business, duopoly market (market with only two players), the immense potential to penetrate into market, humongous untapped online opportunity in other vertices such groceries, food delivery and more, and scarcity of premium to use services”
MOTILAL OSWAL – SUBSCRIBE
‘Investors with high risk appetite can Subscribe for Listing Gains given fancy for unique and first of its kind listing in the food delivery business.”
Zomato IPO Subscription: Key IPO Details
|Issue Size||₹9,375 Cr|
|Face Value||₹1/- per Equity Share|
|IPO Price||₹72 – ₹76|
|Lot Size||195 shares|
|Lots||Min 1 – Max 13|
Zomato IPO : Financials
|Revenue from Ops||₹1,312.59 Cr||₹2,604.74 Cr||₹1,993.79 Cr|
|Profit before Excep*||₹(2,210.43) Cr||₹(2,263.57) Cr||₹(490.36) Cr|
|Profit after Tax||₹(1,010.51) Cr||₹(2,385.60) Cr||₹(816.43) Cr|
|As of March 2020||EPS (Avg)||P/E (Floor)||P/E (Cap)|
|Based on basic EPS||(2.99)||[●]||[●]|
Comparison with listed industry peers
There are no listed companies in India whose business portfolio is comparable with that of Zomato’s business and scale of operations.
Zomato IPO Subscription – FAQs
1. How to apply for Zomato IPO in the Retail Category?
A: An investor in the retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account
2. How to apply for Zomato in HNI Category?
A: An investor can apply in the HNI category only through the ASBA process via bank account
3. Where can I find the Red Herring Prospectus (RHP) details?
A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP