Zomato IPO shares LISTING TODAY; Know how to check allotment on BSE, Linkintime; what Anil Singhvi said about this issue
Zomato IPO Listing Date: Zomato had finalized its IPO share allocation on Thursday, which was to be completed on July 23.
Zomato shares will list on stock exchanges today, July 23, 2021 as against its previous decided date of July 27. It appears the food supply aggregator has decided to advance the listing by four days. As per BSE (Bombay Stock Exchange) IPO listing date, the date for Zomato shares listing is July 23.
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"Trading Members of the Exchange are hereby informed that effective from Friday, July 23, 2021, the equity shares of Zomato Limited shall be listed and admitted to dealings on the Exchange in the list of 'B ' Group of Securities," read communication at BSE website.
It further said the trading members may please note that the above-mentioned scrip will be a part of Special Pre-open Session (SPOS) on Friday, July 23, 2021. "For further information on SPOS, the trading members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session for IPOs & Relisted Scrips," it said.
Earlier, the food aggregator has finalized its initial public offering (IPO) share allocation on Thursday, which was to be completed on July 23. Earlie on the last day of subscription, Zomato’s initial public offering was subscribed 40.38 times, generating demand of Rs 2.13 lakh crore. The IPO had opened on July 14 and closed on July 16. Zomato shares were offered in a price band of Rs 72-76 apiece. Zomato IPO issue comprised a fresh issue of equity of as much as Rs 9,000 crore and an offer for sale (OFS) worth Rs 375 crore by existing investor Info Edge (India).
How to check Zomato IPO allotment status on BSE
Step 1: Visit the link: bseindia.com/investors/appli_check.aspx on BSE official website.
Step 2: In the dropdown menu select 'Equity' for issue type
Step 3: Now, select the name of the IPO, which is 'Zomato Limited' in this case
Step 4: Here, you will be asked to verify application number & PAN number
Step 5: Hit search button and you are good to go. You can see your IPO allotment on the screen
How to check Zomato IPO Allotment via Link Intime
Step1: Visit Link Intime India Private Limited IPO allotment link: https://linkintime.co.in/MIPO/Ipoallotment.html
Step 2: Again, select IPO Name- 'Zomato Limited'
Step 3: Here, fill in details uch as PAN number, application number or DP ID
Step 4: Now, click on 'Search' Button. You can now see your Zomato IPO Allotment on the screen.
What Anil Singhvi said about Zomato IPO
Meanwhile, Zee Business Managing Editor Anil Singhvi had said that investors with huge risk appetite and long-term vision should subscribe for the food delivery aggregators IPO.
"The investors who has high-risk appetite and those with a long-term vision should apply. They should do it in small investment amount, as the valuations of the company are not cheap. It is better to invest in IPO only when there is a listing gain of at least 20-25 per cent visible. There is a tussle between heart and mind with respect to Zomato IPO, where the former goes with unique business model and brand value, while the mind is with the balance sheet and profitability concerns," Anil Singhvi had soon after the IPO had opened for public subscription.
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