Zomato IPO updates: The initial public offering of Zomato has been subscribed 37.79 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,718 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.30 times, while non-institutional investors have put in bids for 32.14 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 51.40 times.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 36.96 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,658 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.28 times, while non-institutional investors have put in bids for 29.67 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 51.10 times.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 36.57 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,630 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.24 times, while non-institutional investors have put in bids for 28.96 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 50.74 times.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 34.23 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,537 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.22 times, while non-institutional investors have put in bids for 27.18 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 49.26 times.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 33.37 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,399 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.18 times, while non-institutional investors have put in bids for 26.45 times against their reserved portion.
The portion set aside for employees is subscribed 54 percent and that of qualified institutional buyers (QIBs) subscribed 46.10 times.
Expert's Take
Anita Gandhi, Whole Time Director at Arihant Capital Markets feels Zomato has ability to grow the market size & gain market share. "Growing scale will lead to lower transaction cost. Benefit of scale will start showing as fixed cost would remain stable," she told Moneycontrol.
Considering density of population & changing habits of new generation with higher women coming in the working class, the company has potential to do well in longer term, she said.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 30.57 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,199 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.06 times, while non-institutional investors have put in bids for 24.06 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 42.17 times.
Expert's Take
"Not expecting very significant listing gains for Zomato but given the strong institutional appetite for the company, won't be surprised to see some buying frenzy in the initial few days post listing," said Himanshu Nayyar, Lead Analyst – Institutional Equities at Yes Securities.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 28.66 times on July 16 so far, the third day of bidding.
The offer has received bids for 2,061 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.04 times, while non-institutional investors have put in bids for 23.16 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 39.09 times.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 26.20 times on July 16 so far, the third day of bidding.
The offer has received bids for 1,884 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 7.03 times, while non-institutional investors have put in bids for 19.58 times against their reserved portion.
The portion set aside for employees is subscribed 53 percent and that of qualified institutional buyers (QIBs) subscribed 36.32 times.
Zomato IPO updates: The initial public offering of Zomato has been subscribed 22.01 times on July 16 so far, the third day of bidding.
The offer has received bids for 1,583.23 crore equity shares against IPO size of 71.92 crore equity shares, the subscription data available on the exchanges showed.
The retail investor portion has been subscribed 6.99 times, while non-institutional investors have put in bids for 15.41 times against their reserved portion.
The portion set aside for employees is subscribed 50 percent and that of qualified institutional buyers (QIBs) subscribed 30.68 times.
Zomato IPO Live Updates: IPO subscribed 36.57 times on day 3 so far, QIB portion booked 50.74 times - Moneycontrol.com
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