Zomato IPO news: If you had also bid in the most awaited Zomato IPO, then the company has announced share allotment. Zomato’s IPO is worth 9375 crores and this IPO has got 38 times subscription. In such a situation, the investors who had bid for its issue, will be allotted shares today. You will have to go to the BSE website to check whether the company’s shares were received or not in this bid and if so, how much happened.
To know the status of Zomato IPO, first visit the BSE website https://www.bseindia.com/investors/appli_check.aspx. Here click on Equity option and select Zomato Limited option from drop down box of issue name. After that with the help of application number and PAN card number, its complete status will be available.
Zomato’s IPO was open between July 14-16. It is being claimed in some media reports that the company can list it four days in advance on July 23, ie on Friday. Investors have bid Rs 2.13 lakh crore for this IPO. Let us tell you that 54.71 times the subscription was received in the portion reserved for the QIB. For non-institutional investors, 34.80 times the subscription has been received for the share that was reserved, while for retail investors, 7.87 times the share was subscribed.