After investors pumping over Rs 2.09 lakh crore for the Rs 9,375 crore initial public offer (IPO) for the food delivery company Zomato, the share allotment status is likely to be finalized today, July 22, as per the schedule available in the red herring prospectus (RHP).
Zomato is among one of the highest oversubscribed large-sized IPOs that raised more than Rs 5,000 crore in over a decade. The issue received a stellar response from investors, subscribing 38.25 times during July 14-16. The portion reserved for qualified institutional buyers (QIB) was subscribed 51.79 times, followed by non-institutional investors with 32.96 times subscription, and retail part 7.45 times.
Anchor book, which is a part of QIB category, also garnered a strong response as the company raised Rs 4,197 crore from anchor investors, at a price of Rs 76 on July 13.
IPO frenzy investors are now looking forward to know whether they were lucky enough to get an allotment in such a highly subscribed IPO. Here are two options, through which investors can check their application status:
Registrar’s website
Go to the website of the IPO registrar, Link Intime India or click on