Zomato IPO share allotment is probably to be finalised on Thursday, 22 July 2021. The on the internet restaurant discovery and meals delivery platform IPO, which was launched last week, saw powerful demand from investors, subscribing 38.25 occasions on the final day. In the grey market place on Monday, Zomato shares have been quoting at a premium of Rs 19 more than the problem price tag of Rs 74-76 per share. The shares have been trading at Rs 95 apiece, implying a premium of 25 per cent more than the IPO price tag, according to the people today who deal in shares of unlisted corporations. Zomato will make its stock market place debut next week on Tuesday, 27 July 2021. The initiation of refunds or unblocking of funds from ASBA accounts will take spot on 23 July 2021. While the equity shares will be credited to depository accounts on 26 July 2021.
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Last week, at the IPO opening, Zomato shares have been commanding a premium of just Rs 8, which has surged to Rs 19 per share on Monday, following a bumper listing of GR Infraprojects and Clean Science and Technology shares, Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares, told TheSpuzz Online. The IPO investors can verify the IPO allotment status by way of BSE and the registrar’s web sites. The registrar of the problem is Link Intime India, a SEBI-registered entity that processes all applications electronically and requires care of the allotment and refund course of action.
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Check Zomato share allotment status by way of registrar Link Intime India internet site
To verify the share allotment status, pick the organization name as ‘Zomato – IPO’ from the drop-down list on the Link Intime India internet site, when it gets declared. Check box either PAN, Application Number or Depository/Client ID. Accordingly, enter the permanent account quantity or Application Number or Depository/Client ID in the box. Enter the provided captcha in the supplied space and click the submit button. This will show the quantity of shares that have been applied and allotted to the investor.
Check share allotment status in Zomato by means of BSE internet site
Another way to verify the allotment status in Zomato is by means of the BSE internet site (https://www.bseindia.com/investors/appli_check.aspx). Select ‘equity’ as the problem kind, and ‘Zomato Ltd’ as the problem name from the drop-down list, when it gets declared. Enter the application quantity and PAN (permanent account quantity). Click on ‘I am not a Robot’. In the last step, click on the search tab to view the status information.