Author: IPO News

Investors should refrain from chasing the stock after a strong listing, which often is the result of oversubscription. Rachit Chawla July 15, 2021 / 01:22 PM IST Zomato has lined up its initial public offering (IPO) for July 14 to July 16, in hopes of generating a capital amounting to Rs 9,375 crore. It is […]

In terms of revenue and restaurants listed on its platform, Zomato is a small player as compared to the global players, says Yadav. Sunil Shankar Matkar July 15, 2021 / 07:54 AM IST Zomato’s IPO got subscribed 1.05 times on day one of the bidding process. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

Paytm Money will allow users to place their bids even before the issue opens to the general public. The Zomato IPO is the first public issue to be launched with this feature on Paytm Money. The initial public offering (IPO) of Zomato opens for subscription today, July 14. The food-tech unicorn plans to raise Rs 9,375 crore […]

Zomato IPO subscription: The public issue of one of the leading food service platforms in India is subscribed 1.05 times on July 14, the first day of bidding. Representative image ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) […]

The premium over issue price has dropped to 11.8-13.2 percent from 21.1-26.3 percent (Rs 16-20 per share) seen at the time of announcement of the price band last week ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { […]

Vishal Chandiramani, Managing Partner- Products & COO at TrustPlutus Wealth (India) feels the novelty factor may lead to a pop in the price of Zomato post listing. However, thereafter, the stock may trade in a range waiting for triggers such as the path to profitability. Companies like Zomato are perpetually in growth mode and growth […]

Marquee investors who participated in the anchor book are New World Fund Inc, American Funds, Tiger Global Investments Fund, BlackRock Global, Lansforsakringar Asienfond etc. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = […]

YES Securities has come out with its report on Zomato. The research firm has recommended to ”Subscribe” the ipo in its research report as on July 12, 2021. Broker Research July 13, 2021 / 11:15 AM IST IPO (Representative image) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

Jyoti Roy of Angel Broking expects very strong demand for the Zomato IPO leading to stellar subscription. Sunil Shankar Matkar July 13, 2021 / 11:28 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; […]

IPO (Representative image) Gujarat-based Tatva Chintan Pharma Chem has received approval from the market regulator Sebi to launch its Rs 500-crore crore initial public offering (IPO), which will open July 16-20. The price band for the offer has been fixed at Rs 1,073-1,083 per equity share, as per the IPO advertisement published in a daily newspapers today. […]

Arihant Capital has come out with its report on Zomato. The research firm has recommended to ”Subscribe” the ipo in its research report as on July 12, 2021. Broker Research July 12, 2021 / 02:10 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

KR Choksey has come out with its report on Zomato. The research firm has recommended to ”Subscribe” the ipo in its research report as on July 12, 2021. Broker Research July 12, 2021 / 05:02 PM IST (Image: Shutterstock) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ […]

Motilal Oswal has come out with its report on Zomato. The research firm has recommended to ”Subscribe” the ipo in its research report as on July 09, 2021. Broker Research July 12, 2021 / 02:57 PM IST (Image: Shutterstock) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ […]

Prashanth Tapse VP Research at Mehta Equities says Zomato will be a tough bet for a “multibagger story” as the accumulated losses of the company has piled up and it only requires more capital to keep the business going. Moreover, with global giants like Amazon also gunning for a share in the nascent market, their deep […]

Food delivery company Zomato will hit Dalal Street, with its initial public offering on July 14, as per its red herring prospectus. The company is planning to raise Rs 9,375 crore through its IPO which comprises a fresh issuance of Rs 9,000 crore and an offer for sale of Rs 375 crore by shareholder Info […]

The initial public offering of food delivery company Zomato will open in the coming week. This will be the 27th public issue in 2021 so far. It is the largest IPO in last 16 months after SBI Card (Rs 10,355 crore) that was launched in March 2020. Here are 10 key things to know before subscribing […]

Gaurav garg Food delivery platform Zomato’s Rs 9,375-crore initial public offering, which opens for subscription on July 14, may list at a 30-35 percent premium, Gaurav Garg, head of research at CapitalVia Global Research said. The company has a few red flags, including competition from its largest rival, Swiggy, and the ongoing dispute with restaurants […]

Clean Science IPO: The Rs 1,546.62-crore public issue of specialty chemical company Clean Science opened for subscription on July 7, comprising a complete offer for sale by existing shareholders ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { […]

GR Infra IPO: At higher price band of Rs 837, the company is demanding a P/E multiple of 8.5x (to its FY21 earnings of Rs 98.6 per share), which is at a discount to the peer average, said Choice Broking. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

GR Infra IPO: At higher price band of Rs 837, the company is demanding a P/E multiple of 8.5x (to its FY21 earnings of Rs 98.6 per share), which is at a discount to the peer average, said Choice Broking. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]