New Delhi: The Zomato IPO has created a buzz among retail investors. According to stock exchange data, the initial public offering (IPO) witnessed a bumper 38 times oversubscription with bids for over 2,751 crore shares against nearly 72 crore shares on offer. Media reports further suggest that the Rs 9,375 crore IPO attracted bids worth Rs 2.13 lakh crore making it the third-largest IPO in the Indian capital market history.
As the 3-day long bidding process concluded on July 16, investors are eagerly waiting for the share allotment process to conclude. Brokerages expect that share allotment will be finalised by July 22 (Thursday) as the stock market will be shut on Wednesday on account of Bakri Id.
Follow the below given steps to check your share allotment status –
- Visit the Bombay Stock Exchange (BSE) website - https://www.bseindia.com/investors/appli_check.aspx
- Under the issue type, click Equity
- Under the issue name, select Zomato Limited in the drop box
- Enter your application number
- Enter your Permanent Account Number (PAN)
- Click on 'I am not a Robot’ and hit submit.
Important dates (tentative) -
- Update on share allocation – 22 July
- Initialisation of refunds for those who could not get shares in IPO – 23 July
- Crediting of allotted shares into Demat accounts – 26 July
- Listing of stocks on the stock exchange – 27 July
