Zomato IPO Date, Price, GMP, Financials and Detailed Analysis

Zomato IPO: Food delivery platform aims to raise Rs 9,375 crore through initial public offering (IPO). We will discuss all details here, first we need to know about the company and its financials.

About Zomato

Launched in 2010, Zomato is technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs.

Customers use their platform to search and discover restaurants, read and write customer generated reviews and view and upload photos, order food delivery, book a table and make payments while dining-out at restaurants.

On the other hand, Zomato provide restaurant partners with industry-specific marketing tools which enable them to engage and acquire customers to grow their business while also providing a reliable and efficient last mile delivery service.

Zomato also operate a one-stop procurement solution, Hyperpure, which supplies high quality ingredients and kitchen products to restaurant partners.

Zomato also provide their delivery partners with transparent and flexible earning opportunities.

As Zomato, India’s biggest food delivery company heads toward launching its IPO, here is IPO details and its financials.

As of December 31, 2020, Zomato has established a strong footprint across 23 countries with 131,233 active food delivery restaurants, 161,637 active delivery partners, and an average monthly food order of 10.7 million customers.

Zomato IPO Details

According to the DRHP filed by Zomato, the company will offer equity shares of up to Rs 8,250 crore (approximately $ 1.1 billion). Of this, Rs 7,500 crore will be the latest issue, while Rs 750 crore will be a sale proposition for its existing investor Info Edge.

IPO Opening Date	Jul 14, 2021
IPO Closing Date	Jul 16, 2021
Issue Type	Book Built Issue IPO
Face Value	₹1 per equity share
IPO Price	₹72 to ₹76 per equity share
Market Lot	195 Shares
Min Order Quantity	195 Shares
Listing At	BSE
Issue Size	[.] Eq Shares of ₹1 (aggregating up to ₹9,375.00 Cr)
Fresh Issue	[.] Eq Shares of ₹1 (aggregating up to ₹9,000.00 Cr)
Offer for Sale	[.] Eq Shares of ₹1 (aggregating up to ₹375.00 Cr)

Zomato Financials

Here is a summary of its recent financials picked from the DRHP:

Particulars	Nine-month period ended Dec 2020	Fiscal 2020	Fiscal 2019	Fiscal 2018
Equity Share capital (in Rs. crores)	0.031	0.03	0.03	0.03
Net worth (Rs. crores)	6,330.07	2,083.10	2,596.75	1,207.85
Revenue from operations (Rs. crores)	1,301.34	2,604.73	1,312.58	466.02
Loss for the period/year (Rs. crores)	(682.19)	(2,385.60)	(1,010.23)	(106.91)
Basic earnings per share	(8,496.65)	(34,121.10)	(16,027.31)	(2,243.76)
Diluted earnings per share	(8,496.65)	(34,121.10)	(16,027.31)	(2,243.76)
Net asset value per equity share	78,863.30	30,026.70	43,130.82	26,140.47

Consolidated Financial Information

Particulars
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	87,035.43	29,003.82	34,134.05
Total Revenue	21,184.24	27,427.39	13,977.17
Profit After Tax	(8,164.28)	(23,856.01)	(10,105.14)

Zomato IPO Date

IPO Open Date	Jul 14, 2021
IPO Close Date	Jul 16, 2021
Basis of Allotment Date	Jul 22, 2021
Initiation of Refunds	Jul 23, 2021
Credit of Shares to Demat Account	Jul 26, 2021
IPO Listing Date	Jul 27, 2021