Zomato Limited IPO Track Record 18102021

Download as pdf or txt
Download as pdf or txt
You are on page 1of 5

Name of the issue: Zomato Limited

1 Type of issue Initial Public Offer

2 Issue size (Rs crore) 9,375


Source: Prospectus dated July 19, 2021

3 Grade of issue alongwith name of the rating agency

Name Not Applicable


Grade Not Applicable

4 Subscription level (number of times). 22.6x


Note: Figure is before technical rejections but after removing multiple or duplicate Bids and Bids not banked / blocked
Source: Basis of allotment dated July 22, 2021

5 QIB holding (as a % of total outstanding capital) as disclosed to stock exchanges

Particulars %age
(1)
(i) allotment in the issue 12.76%
(ii) at the end of the 1st Quarter immediately after
(2) NA
the listing of the issue (September 30, 2021)
(2)
(iii) at the end of 1st FY (March 31, 2022) NA
(2)
(iv) at the end of 2nd FY (March 31, 2023) NA
(2)
(v) at the end of 3rd FY (March 31, 2024) NA
(1) Source: BSE. Includes MFs, AIFs, FPI, Financial Institutions/Banks and Insurance Companies
(2) QIB Holding not disclosed as reporting for relevant period has not been completed

6 Financials of the issuer

2nd FY 3rd FY
1st FY
Parameters (INR Crore) (1) (March 31, 2023) (March 31, 2024)
(March 31, 2022) (1) (1)

Income from operations Not Available Not Available Not Available


Net Profit for the period Not Available Not Available Not Available
Paid-up equity share capital Not Available Not Available Not Available
Reserves excluding revaluation reserves Not Available Not Available Not Available
(1) Financials not available as reporting for the relevant years has not been completed

1
7 Trading status in the scrip of the issuer

The equity shares of Zomato Limited are listed on both the BSE Limited ("BSE") and the National Stock Exchange
of India Limited("NSE") (and together with BSE the "Stock Exchanges")
The equity shares have not been suspended or delisted.

Particulars BSE NSE


(1)
(i) at the end of 1st FY (March 31, 2022) Not Available Not Available
(1)
(ii) at the end of 2nd FY (March 31, 2023) Not Available Not Available
(1)
(iii) at the end of 3rd FY (March 31, 2024) Not Available Not Available
(1) Trading status not disclosed as the relevant fiscal years have not been completed

8 Change, if any, in directors of issuer from the disclosures in the offer document

Appointed /
Particulars Name of Director
Resigned
(1)
(i) at the end of 1st FY (March 31, 2022) Not Available Not Available
(1)
(ii) at the end of 2nd FY (March 31, 2023) Not Available Not Available
(1)
(iii) at the end of 3rd FY (March 31, 2024) Not Available Not Available
(1) Changes in Directors of Issuer not updated, as the relevant financial years have not been completed

9 Status of implementation of project/ commencement of commercial production

(i) As disclosed in the offer document Not Applicable


(ii) Actual implementation Not Applicable
(iii) Reasons for delay in implementation, if any Not Applicable

2
10 Status of utilization of issue proceeds

(i) As disclosed in the offer document


Total estimated Fund
Particulars
requirement
Funding organic and inorganic growth initiatives 67,500
General corporate purposes 19,780
Net Proceeds 87,280

(ii) Actual utilization


Total estimated Fund Actual Utilization of Net Proceeds in Fiscal
Particulars
requirement 2022 2023 2024
Funding organic and inorganic growth initiatives 67,500 Not available Not available Not available
General corporate purposes 19,780 Not available Not available Not available
Net Proceeds 87,280

(iii) Reasons for deviation, if any Not Applicable

11 Comments of monitoring agency, if applicable

(a) Comments on use of funds Not Available


(b) Comments on deviation, if any, in the use of proceeds of the issue from the objects stated in the offer document Not Available
(c) Any other reservations expressed by the monitoring agency about the end use of funds Not Available

12 Price- related data

Designated Stock Exchange BSE


Issue price (Rs) 76
Listing Date July 23, 2021

3
As at the end of 1st FY after the listing of the issue
At close of 30th At close of 90th (2)
calendar day from calendar day from (March 31, 2022)
At close of listing
Price parameters
day (July 23, 2021) listing day listing day High Low
(Aug 23, 2021)
(1)
(Oct 20, 2021)
(2) Closing price
(during the FY) (during the FY)
Market Price 125.9 127.0 Not Available Not Available Not Available Not Available
(3) 52,975.8 55,555.8 Not Available Not Available Not Available Not Available
Sensex
Note: As per BSE

As at the end of 2nd FY after the listing of the issue As at the end of 3rd FY after the listing of the issue
(2) (2)
(March 31, 2023) (March 31, 2024)
Price parameters
High Low High Low
Closing price Closing price
(during the FY) (during the FY) (during the FY) (during the FY)
Market Price Not Available Not Available Not Available Not Available Not Available Not Available
(3) Not Available Not Available Not Available Not Available Not Available Not Available
Sensex

Source: www.bseindia.com
(1) 30th calender day has been taken as listing date plus 29 calender days. Where the 30th day is a holiday the immediately following trading day has been considered
(2) The pricing data is not disclosed as the relevant fiscal years have not been completed
(3) Being index of BSE, the Designated Stock Exchange

13 Basis for Issue Price and Comparison with Peer Group & Industry Average

As disclosed in At the end of 1st At the end of 2nd At the end of


Accounting ratio Name of company the offer FY FY 3rd FY
(1) (6) (6) (6)
document (FY22) (FY23) (FY24)
Issuer (1.5) Not Available Not Available Not Available
(2)
(3) Peer Group
EPS (Basic)
NA Not Applicable Not Applicable Not Applicable Not Applicable
Industry Avg Not Applicable Not Applicable Not Applicable Not Applicable
Issuer NA Not Available Not Available Not Available
(2)
Peer Group
P/E
NA Not Applicable Not Applicable Not Applicable Not Applicable
Industry Avg Not Applicable Not Applicable Not Applicable Not Applicable

4
Issuer (10.0%) Not Available Not Available Not Available
(2)
(4) Peer Group
RoNW
NA Not Applicable Not Applicable Not Applicable Not Applicable
Industry Avg Not Applicable Not Applicable Not Applicable Not Applicable
Issuer 15.1 Not Available Not Available Not Available
(2)
(5) Peer Group
NAV per share
NA Not Applicable Not Applicable Not Applicable Not Applicable
Industry Avg Not Applicable Not Applicable Not Applicable Not Applicable
Notes:
(1) Source: Prospectus dated July 19, 2021
(2) There are no listed companies in India whose business portfolio is comparable with that of Zomato and comparable to Zomato scale of operations
(3) Weighted average number of equity shares for calculating basic EPS for the Financial Year ended March 31, 2021 are post conversion of convertible securities on April
6, 2021, as per the SEBI ICDR Regulations
(4) Return on Net Worth (%) = Restated total comprehensive loss for the year attributable to owners of the Company divided by restated net worth at the end of the year
(5) Net Asset Value per Equity Share = Restated net worth at the end of the year divided by the Weighted average number of equity shares outstanding at the end of year.
(6) Data not available as reporting for the relevant years has not been completed

14 Any other material information

Announcement Date
Company has incorporated a wholly owned subsidiary in the name of Zomato Payments
4-Aug-21
Private Limited on August 4, 2021

Zomato Inc, Step down subsidiary of the Company has entered stock purchase agreement
with Justin Doshi, Thusith Desilva and Robert Tyree for sale of shares held by Zomato Inc of 11-Aug-21
Nextable Inc. ("NI") another step down subsidiary of the Company

Zomato has completed the acquisition of (i) 9.16% of shareholding on a fully diluted basis in
Grofers India Private Limited for a consideration of NR 5,182,155,000/-(lndian Rupees Five
Billion One Hundred Eighty Two Million One Hundred Fifty Five Thousand) and (ii) 8.94% of
shareholding on fully diluted basis in Hands on Trades Private Limited for a consideralion of
18-Aug-21
INR 2,228,359,140/- (Indian Rupees Two Billion Two Hundred Twenty- Eight Million Three
Hundred Fifty Nine Thousand One Hundred Forty), with the an aggregale consideration of
INR 7,410,514, 140 (Indian Rupees Seven Billion Four Hundred Ten Million Five Hundred
Fourteen Thousand One Hundred Forty)

Zomato USA LLC ("ZUL"), step down subsidiary of the Company has been dissolved and
19-Aug-21
wound up.

Zomato Media Private Limited ("ZMPL"), step down subsidiary of the Company located in
Singapore has initiated tbe process of strike off on August 31, 2021
Zomato UK Limited (''ZUL") another step down subsidiary of the Company located in United 1-Sep-21
Kingdom has initiated the process of strike off and the Registrar of Companies, United
Kingdom have issued first gazette notice on August 31, 2021
Source: www.bseindia.com

You might also like