Zomato IPO: Listing now on July 23, the company’s shares traded in the grey market at a premium of 29%
Shares of food delivery platform Zomato IPO may go public on July 23. Prior to listing, the company’s shares have seen a rally in the grey market. Shares of the company are rising by Rs 20-22 in the grey market. Shares of Zomato are trading at Rs 96-98 in the grey market. At the same time, the issue price of the company’s shares is Rs 76. Unlisted shares of the company are traded on the grey market. Earlier, the company was scheduled to be listed on July 27, but now it can be listed only on July 23.
If the shares are not distributed, you will get your money back
Zomato shares were allotted on July 22, 2021. The company has already set a date for your listing, so if you don’t receive the shares, the funds will be refunded. Zomato had brought in an issue of Rs 9,375 crore. The company’s issue will open on July 14 and close on July 16, 2021. The company issue was subscribed 38.25 times. The Qualified Institutional Buyers (QIB) section was booked 51.79 times. At the same time, the reserve for institutional investors stood at 32.96, while the share of retail investors subscribed 7.45 times.
Check the status of allotment status on the registrar’s website
>> You first click on this link https://linkintime.co.in/IPO/public-issues.html.
>> Then select the name of the IPO through the dropdown
>> Now enter your DP ID or Customer ID or PAN.
>> If you have an application number, click on the application type.
>> Now if you have DP ID or Client ID, select your depository from NSDL or CDSL and enter your DP ID or Client ID.
>> Then submit the captcha.
>> Here you will see the complete distribution information.
>> If you don’t get the allotment, you will get the refund in next two days.
How to check status on the BSE website?
>> If you want to see the status through BSE, you have to click on this link https://www.bseindia.com/investors/appli_check.aspx.
>> Now select Equity and Dropdown.
>> Click on the name of Zomato Share.
>> Here you have to enter the application number, DP ID / Customer ID or your PAN.
>> Then click on the search button.
>> The status of the application will be shown after filling in all the information properly.