Business

Zomato IPO: The shares are scheduled to be noted on the BSE and NSE on July 27Zomato IPO share allowance is most likely to take place today, as per the schedule released in the draft red herring prospectus, ahead of launching.
The food delivery start-up has fixed the IPO price at the upper end of the price series of Rs 72-76.
The shares are arranged to be listed on the BSE and NSE on July 27.
Zomato's Rs 9,375-crore public deal consisted of a fresh issue of Rs 9,000 crore and a sell of Rs 375 crore by the promoter, Info Edge India.
The Zomato IPO had actually gotten excellent action from financiers, subscribing 38.25 times between July 14 and July 16.
The portion scheduled for certified institutional buyers (QIB) was subscribed 51.79 times, non-institutional investors brought in 32.96 times membership and retail portion, 7.45 times.The anchor book, which is a part of QIB category, likewise gathered a strong action.
Ahead of the IPO, the company raised as much as Rs 4,197 crore from anchor investors at a price of Rs 76.
How to inspect the allocation status of Zomato IPO?Link InTime (register's website)Go to the Business fieldClick on 'Zomato' from the dropdown menuChoose PAN, Application Number, DP Customer ID or Account number/IFSC alternative, as is applicableEnter the appropriate detailsClick on the Browse buttonBSE websiteSelect Equity in the Concern Type fieldSelect the Issue Name from the dropdown menu (Zomato Limited)Enter Application NumberEnter PAN NumberClick on the 'Browse' button





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