ZOMATO IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

Zomato IPO GMP Today, Zomato IPO Grey Market Premium Updates | Zomato IPO Listing Gain, Latest target, Opening gain

Zomato Limited initial public offer (IPO) is set to open for subscription on July 14 and close on July 16, after it received capital market regulator Sebi’s go-ahead to raise Rs 900 crore through public issue.

Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold as of Dec 31, 2020. Its B2C offerings include food delivery and dining-out services where customers can search and discover restaurants, order food delivery, book a table, and make payments for dining out at restaurants while under the B2B segment, it generates revenue from Hyperpure (supply of high-quality ingredients and kitchen products to restaurants) and Zomato Pro, customer loyalty program.

Check out Zomato IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Zomato IPO Details:

Issuer Zomato Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: July 14, 2021
Issue Closes: July 16, 2021
Price Brand ₹ 72 to ₹ 76 Per Share
Issue Size ₹9375 Crores
Face Value Rs. 1 per Equity Share
Market Lot 195 Shares
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 75% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 10% of the issue size
Fresh Issue ₹ 9000 Cr
Offer for Sale ₹ 375 Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity 123,355,2631 Shares
Grey Market Price Zomato IPO GMP Today

UPCOMING IPO IN JULY 2021

Zomato IPO REVIEW

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Zomato IPO GMP Rates day by day

Zomato IPO Grey market premium as on today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
22 July 2021 23 650 3300
21 July 2021 23 550 3500
20 July 2021 19 700 2500
19 July 2021 18 600 2200
18 July 2021 17 600 2500
17 July 2021 18 600 2500
16 July 2021 15 525 2200
15 July 2021 11 450 1150
14 July 2021 10 400 1100
13 July 2021 7.5 450 1000
12 July 2021 9 400 1300
11 July 2021 10 500 1600
10 July 2021 15 500 1800
09 July 2021 13.25 500 1500
08 July 2021 13 500 2000
07 July 2021 13 500 2000
06 July 2021 12    
05 July 2021 12    

How to Apply for Zomato IPO :

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In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

Zomato IPO Market Lot:

 Lot Size:  Minimum 195 Shares & Maximum 2535 Shares
 Minimum Amount:  ₹14820
 Maximum Amount: ₹192660

Zomato IPO Allotment & Listing:

 Basis of Allotment: July 22, 2021
 Refunds: July 23, 2021
 Credit to Demat Account: July 26, 2021
 Listing Date: July 27, 2021

Check:- Zomato IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

What is Grey Market?

Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

Zomato Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means GR Infraprojects Limited applications of Rs 13770 are being traded in IPO Grey Market at Rs 680 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

FAQs

What is the Grey Market Premium (GMP) price of Zomato IPO?

The Grey Market Premium of Zomato IPO is approx. Rs.12-13 at the moment.

What is the Subject to Sauda price for Zomato IPO?

The Subject to Sauda price for Zomato IPO is approx. Rs. 2000/-

How much will be listing gain in Zomato IPO?

Zomato IPO listing gain will be approx. Rs.2500/- (update on a daily basis)

What is kostak price of Zomato IPO?

The Kostak price of Zomato IPO is approx. Rs 500/-.

When is Zomato IPO listing date?

Zomato IPO listing date is Jul 27, 2021.

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