The reserve share for the employees has been filled so far 18 percent
Qualified institutional buyers have 98 per cent subscribed share in the Zomato IPO. At the same time, the reserve share for the employees of the company is 18 percent filled so far. Zomato had reserved 10 per cent stake for retail investors. The price band of the company’s issue is Rs 72-76. The company has raised Rs 4,196.51 crore as on 13 July 2021 from 186 anchor investors. The company will now raise the rest of the issue money from the IPO. The company’s IPO will open today and close on July 16. Explain that the company has issued a fresh issue of Rs 9000 crore, while Rs 375 crore will be raised through offer for sale.
read this also- Good news for college graduates! Infosys will give jobs to thousands of students in the current financial year
You can invest from many platforms including Zerodha
If you also want to earn by investing in Zomato’s IPO, then you can invest money through the platforms of many broking firms including Upstox, Zerodha. Let’s know about other investment options in Zomato’s IPO …
Invest like this through Upstox
>> Login with your credentials on Upstox application or website.
>> Select the IPO you want to invest in and create an IPO application.
>> Add maximum 3 bids within the price band.
>> Confirm your application.
>> Accept the UPI mandate and block funds on your mobile UPI app.
read this also – Big news for businessmen! Center approves continuation of tax and duty exemption scheme on textile exports
Invest through Zerodha
>> Login to the mobile app and select the IPO option under Console.
>> Select the IPO in which you want to invest.
>> Enter your UPI ID from BHIM App.
>> Select the investor type for your application and enter the lot size declared by the company.
>> Tick the cut-off price for more chances of share allotment.
>> Confirm and Submit. Accept the mandate request to proceed with the IPO on your BHIM UPI app.
Read Hindi News online and watch Live TV News18 on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.