Zomato’s Rs 9,375 crore IPO to open on July 14 for subscription

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At 64365 Cr, the valuation sought by zomato in the IPO, puts it above

  1. Havells
  2. UPL
  3. HDFC
  4. AMC
  5. Hero
  6. Moto
  7. SAIL
  8. Muthoot

Also note, no entity is recognized as promoter! So entire mcap would be considered free float! This makes it a strong contender for inclusion in Indices

This will be the second biggest IPO in Indian market after SBI Cards and Payment Services Rs 10,341.

IPO will be open for subscription on Wednesday, July 14 to Friday, July 16.

Price band for this is set between Rs 72-76.

Lot Size – 195x, upto maximum 13 lots.

Listing date is said to be July27.

Interest in buy IPOs and stocks. You need to have Demate and Trading account. You can open your Demate and Trading account here – Upstox, Zerodha.