Questions IPO
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Community User Posted on 11:13am 13-Aug-2021

I applied for two IPOs. No shares are allotted. Why?

Is it a technical glitch, improper request or share are not allowed. How will I know the reason.

Community User Posted on 02:48pm 27-Jul-2021

I have not received my ZOMATO IPO shares ? Will I receive a refund for the funds that I put up for IPO?

Comments

ICICIdirect Executive Thank you for the query. W.r.t. your query, we checked your account and found that 0 shares were allotted for Zomato limited IPO. The blocked amount is unblocked in the bank account.

To View Allotted Quantity/Refund Amount for your IPO application follow the below steps: Log into your account > IPO > Order Page > Select From & To Dates > Click on Status hyperlink

IPO through ASBA: ASBA means Applications Supported by Blocked Amount. ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. Under the ASBA process, the amount is not debited from your bank account until successful allotment. Until such allotment, the amount will remain blocked in your bank account.

In case you are allotted 0 shares, the application money shall be unblocked from the bank accounts upon receiving instructions from the Registrar. In case of partial lot allotment, the amount equivalent to the allotted shares is debited from your bank account and the remaining application money shall be unblocked from the bank accounts upon receiving instructions from the Registrar.
03:29pm 27-Jul-2021

Community User Posted on 12:25pm 22-Jul-2021

Did I got llotated qty for zomato IPO ?

Comments

Community User Posted on 10:02pm 14-Jul-2021

How to find a IPO allotment applied through ICICIdirect ?

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Community User Posted on 03:48pm 08-Jul-2021

Is it a good decision to go for Zomato IPO?

Comments

Community User good but, getting allocated is a big luck....this is my personal view.
09:47am 09-Jul-2021
Community User U can apply for long term listing gain would be very poor. GMP may change based on market so I won t preffer this IPO.
02:05pm 12-Jul-2021
ICICIdirect Research Our research analysts have a SUBSCRIBE rating on the Zomato Ltd IPO.

Zomato is one of the leading food service platforms in India in terms of value of food sold as of March 31, 2021. It was initially launched as DC Foodiebay Online Services Pvt Ltd in January 2010. During FY21, 3.21 crore average monthly active users visited the platform. It is currently present in 525 cities in India with 389,932 active restaurant listings. It also has footprints across 23 countries outside India. Over the past 12 years, it has grown from food discovery platform to a food service platform with four major segments 1) Food delivery (B2C) - The company is a leader as per RedSeer, 2) Dining out (B2C) – Provides tools for restaurant owners to acquire customers, 3) Hyperpure (B2B) – Started in 2019, it provides ingredients and kitchen products to restaurant partners and 4) Zomato Pro – It is a paid membership programme which unlocks flat percentage discounts for its customers.

Zomato is yet to turn profitable. However, this new-age digital platform offers strong growth potential, which at present is evolving on the back of favourable macroeconomics, changing demographic profile, rising adoption of tech infrastructure. Hence, we recommend SUBSCRIBE to this IPO.

For more details, click on the below link:
https://www.icicidirect.com/mailimages/IDirect_Zomato_IPOReview.pdf
12:49pm 16-Jul-2021

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