Zomato Ltd. has announced public offering of 1233552631 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 75.00 per share. The gross proceeds of the issue are expected to be Rs 9,37,500.00 lakhs.

The company's initial public offer (IPO) will open on 14 July 2021 and is expected to close on 16 July 2021, subject to customary closing conditions. The price band of the issue has been fixed at Rs 72.00-76.00 per share.

The IPO includes a fresh Issue of 1233552631 Equity Shares of the Company at an price of Rs 76.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 195 shares with bids in multiples of 195.

Zomato Ltd. anticipates using the proceeds of the issue for .

Citigroup Global Markets India Pvt.Ltd.,Kotak Mahindra Capital Company Ltd.,Morgan Stanley India Company Private Limited,Credit Suisse Securities (India) P. Ltd.,BofA Securities India Limited as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.