Zomato is a restaurant discovery and delivery platform with operations in 24 countries. The company has filed for an IPO in the US and expects to raise $500 million. The company plans to use the proceeds from the IPO to fuel its international expansion. Zomato is one of the few Indian unicorns and is expected to be valued at $2 billion post-IPO.
How To Buy Zomato Ipo
Zomato is an online restaurant discovery and food ordering platform with a presence in 24 countries. The company has filed for an initial public offering (IPO) of shares with the Securities and Exchange Board of India (SEBI). The Zomato IPO is expected to be one of the biggest in Indian history, and will see the company raise Rs. 2,500 crore – Rs. 3,000 crore (US$360 million – US$430 million).
The tools and material needed for how to buy zomato ipo are a computer with internet access, a brokerage account, and the willingness to invest money.
- Read the terms of use and privacy policy and check the box below
- Visit the zomato website and click on the “ipo” tab
- Enter your name, email address, phone number, city and state
1. Make sure you have a demat account and broker 2. The IPO is only open to qualified institutional investors, so if you’re not one, you’ll need to find someone who is to invest on your behalf 3. Review the Zomato prospectus thoroughly before investing 4. Decide how much money you’re willing to invest 5. Place your order through your broker
Frequently Asked Questions
How Much Does It Cost To Buy Zomato Ipo?
Zomato is a restaurant discovery and Food Ordering app, headquartered in Gurugram, Haryana, India. It was founded by Deepinder Goyal and Pankaj Chaddah on July 10, 2008. The company operates in 22 countries. Zomato is planning to launch an Initial Public Offering (IPO) in early 2018.
How Can I Purchase Zomato Ipo?
Zomato is a restaurant search and discovery service founded in 2008. It operates in 23 countries. The company has been profitable since 2016. On May 3, 2018, Zomato announced that it had filed for an initial public offering (IPO) of its equity shares with the Securities and Exchange Board of India (SEBI).
How Can I Buy Shares In Zomato?
Zomato is a restaurant discovery and food delivery platform with presence in over 24 countries. It has been operational since 2008. The company went public in 2018 and is listed on the NASDAQ. You can buy shares of Zomato through your broker.
In Closing
Zomato’s IPO will be open for subscription from September 28 to October 2. The company is looking to raise Rs. 1,206 crore through the offer. Zomato is one of the leading foodtech companies in the world with a presence in 24 countries. The company posted a revenue of Rs. 418 crore in FY2018, up 71% from Rs. 246 crore in FY2017. It reported a net loss of Rs. 727 crore in FY2018, up from Rs. 589 crore in FY2017. The company has been funded by Sequoia Capital and Info Edge (Naspers) since 2010 and has raised over $224 million till date.
