• Indian Indices
  • Global Indices
  • Commodities
  • Currency
Sensex
  • Sensex
  • Nifty
{{x.close_price| number:2}} {{x.netchg| number:2}} ({{x.perchg | number:2}}%)
Open - {{x.open | number:2}}
Prev Close - {{x.prevclose|number:2}}
Today's High - {{x.high|number:2}}
Today's Low - {{x.low|number:2}}
Advances/Declines (30 Companies)
  • 1D
  • 1W
  • 1M
  • 1Yr
  • 5Yr
{{x.upd_time}}
FTSE 100
  • FTSE 100
  • DJIA
  • NIKKEI 225
  • HANG SENG
{{x.Date}}
{{x.close| number:2}} {{x.Chg | number:2}} ({{x.PChg | number:2}}%)
Open - {{x.close | number:2}}
Prev Close - {{x.PrevClose|number:2}}
Gold
  • Gold
  • Silver
  • Crude Oil
  • Copper
{{x.Trd_Date}} ( {{x.Time}} )
{{x.ClosePrice| number:2}} {{x.change| number:2}} ({{x.perchange | number:2}}%)
Exchange - MCX
Open - {{x.Open|number:2}}
Exp Date - {{x.Exp_Date}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevClose|number:2}}
Today's Low - {{x.Low|number:2}}
USDINR
  • USDINR
  • GBPINR
  • EURINR
  • JPYINR
{{x.Lasttrdtime}} ( {{x.Time}} )
{{x.ltp| number:2}} {{x.PriceDiff| number:2}} ({{x.PerChange | number:2}}%)
Exchange - NSE
Open - {{x.Open|number:2}}
Exp Date - {{x.Expirydate}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevPrice|number:2}}
Today's Low - {{x.Low|number:2}}
As On 17-Sep-2021 EOD, Market Closed
SENSEX
59,015.89
-125.27 (-0.21%)
NIFTY
17,585.15
-44.35 (-0.25%)
    No Companies Visited

Back to news list
  • Zomato IPO ends with robust subscription

    The offer received bids for 2,751.27 crore shares as against 71.92 crore shares on offer.

    The initial public offer of online food delivery platform Zomato received bids for 2,751.27 crore shares as against 71.92 crore shares on offer, according to stock exchange data. The issue was subscribed 38.25 times.

    The qualified institutional buyers (QIBs) category was subscribed 51.79 times. The non-institutional investors (NIIs) category was subscribed 32.96 times. The retail individual investors (RIIs) category was subscribed 7.45 times.

    The issue opened for bidding on Wednesday (14 July 2021) and closed on Friday (16 July 2021). The price band of the IPO was fixed at Rs 72-76 per share.

    The IPO comprised a fresh issue of equity shares worth Rs 9,000 crore and an offer for sale (OFS) worth Rs 375 crore by existing investor, Info Edge (India).

    Info Edge (India) pre-issue shareholding was 18.7%, which shall decrease to 15.2% at the upper price band of Rs 76.

    Ahead of the IPO, the online food delivery and restaurant discovery platform raised Rs 4,197 crore from 186 anchor investors Tuesday (13 July). The company allotted 55.22 crore equity shares to anchor investors for Rs 76 per equity share.

    Out of the 55.22 crore shares allocation, 18.41 crore shares were allotted to 19 domestic mutual funds such as SBI, Axis, Aditya Birla, Kotak, Mirae, Motilal, UTI, Nippon India, HDFC, IIFL, Sundaram, Tata, and Principal, among others.

    The company proposes to utilize the net proceeds of the fresh issue towards funding organic and inorganic growth of the company amounting Rs 6,725 crore and balance towards general corporate purposes. The organic and inorganic growth initiatives, includes creating delivery as well as technology infrastructure. Beyond this, the company would focus on marketing and promotions towards customer and user acquisition activities, which involves acquisition and retention cost as well as market and branding cost. The funds would also be used towards new acquisition.

    The company has also signed a definitive agreement with grocery e-tailer Grofers to invest a sum of Rs 780 crore (subject to regulatory approval) for a 9% stake in the company. It is a financial investment, but Zomato plans to diversify to grocery e-tailing as it provides immense opportunities.

    Zomato reported a consolidated net loss of Rs 816.43 crore and sales of Rs 1,993.79 crore in the twelve months ended 31 March 2021.

    Zomato is one of the leading Food Services technology platforms in India in terms of value of food sold, as of March 31, 2021. During Fiscal 2021, 32.1 million average monthly users visited the company's platform in India. As of March 31, 2021, the company is present in 525 cities in India, with 389,932 active restaurant listings. The company's mobile application is the most downloaded food and drinks application in India in each of the last three years since 2019 on iOS App store and Google Play combined, as per App Annie's estimates.

    The company is present in 23 countries. However, the company earns majority of its revenues from India which contributed 90.6% of its total revenues in FY2021 while United Arab Emirates and Rest of the World contributing 6.1% and 3.1% of the total revenues in FY2021 respectively. The company is closing down or selling off large part of its international operations and going to focus only on Indian market.

    Zomato is backed by Jack Ma's Ant Group. Ant group is the second largest shareholder (through Alipay 8.4% shareholding and Antifin 8.3% shareholding pre-IPO) in the company after Info Edge (18.7%). Apart from Ant group, the company is also backed by other investors including Temasek, Kora,Tiger Global and Sequoia Capital. Uber also has shareholding of 9.2% (pre-IPO) in Zomato, after Zomato acquired Uber Eats for a sum of Rs 2,485 crore in an all-stock deal.

    Back to news list
Previous Stories :
More

Quick Links

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Capital Market Publishers India Pvt. Ltd.

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071.
91-22-25229720
91-22-25230011
Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages
giving any kind of stock recommendations.
For Capital Market Magazine queries mail to : subscription@capitalmarket.com
For Capital Market Online Products related queries mail to : financeshop@capitalmarket.com
For any other Capital Market Website related Queries mail to : info@capitalmarket.com
To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to : advt@capitalmarket.com
Flash News 17-Sep-2021
  •  ( 15:38) Sensex, Nifty snap three day rising streak  
  •  ( 15:01) Dynamatic Technologies bags manufacturing contract from Boeing  
  •  ( 13:33) Euro stocks rally, outpace tepid global sentiment; UK retail sales fall M-o-M  
  •  ( 13:32) Indices yield small returns; The Nifty index trades below 17,650 mark  
  •  ( 12:55) IDFC board flags off divestment of mutual fund biz  
  •  ( 12:30) CRISIL Ratings upgrades credit ratings of NCL Industries  
  •  ( 12:25) Brightcom board OKs preferential allotment to Shankar Sharma  
  •  ( 11:56) ICRA upgrades credit ratings of KEI Industries  
  •  ( 11:27) Garment Mantra Lifestyle subsidiary sets up 11th retail store in Coimbatore  
  •  ( 11:08) Cosmo Films board OKs Rs 350-cr capex plan, first interim dividend for FY22  
  •  ( 10:49) Rajesh Exports wins an order worth Rs 691 cr from Germany  
  •  ( 10:09) TVS Motor Company Singapore arm buys stake in Swiss e-bike maker  
  •  ( 09:44) Poonawalla Fincorp MD Abhay Bhutada resigns  
  •  ( 09:28) Sensex, Nifty strike record high  
  •  ( 09:27) Balkrishna Industries starts trial production at Aurangabad facility  
  •  ( 09:23) Kotak Mahindra Group acquires vehicle financing portfolio of Volkswagen Finance  
  •  ( 09:15) Biocon announces strategic alliance with Serum Institute  
  •  ( 08:22) Asian stocks trading mixed  
Show News
17 September 2021 00:00
3306.80
(-1.01 %)
807.80
(0.65 %)
3823.85
(0.32 %)
7427.05
(0.22 %)
16839.10
(0.65 %)
728.15
(1.39 %)
4889.15
(-0.86 %)
2825.30
(0.45 %)
1264.25
(0.13 %)
1583.30
(1.51 %)
2721.05
(-1.66 %)
720.00
(-0.96 %)
1130.05
(-0.11 %)
1691.30
(-0.65 %)
231.10
(0.15 %)
2006.00
(5.26 %)
1715.50
(-0.31 %)
753.90
(-0.38 %)
7012.50
(1.13 %)
20179.45
(0.68 %)
123.65
(-0.28 %)
178.75
(-0.36 %)
2390.40
(-1.55 %)
454.05
(-2.07 %)
770.25
(-1.36 %)
1385.30
(-3.57 %)
3830.45
(-1.85 %)
1452.35
(0.32 %)
2094.95
(-0.67 %)
7709.40
(-0.79 %)
Sensex 5min and Nifty 15min delayed as on .
Show Ticker
Rotate your device

Rotate your device

For the best experience please go back to portrait mode.