IPOs in 2021: How to invest in Zomato IPO via Kotak Securities, HDFC Securities, Sharekhan, and ICICI direct.

Zomato IPO is here: Your wait for an opportunity to invest in one of India’s biggest start-ups is over

How to invest in IPO

You must have heard of how internet companies like Amazon, Facebook, etc., have created so much wealth for their investors from the day of listing to date. You must be wondering how you can invest in such companies staying here in India. Well, the moment of reckoning has finally come. One of India’s biggest and most popular start-up companies – Zomato, is making its debut on Dalal Street.

Zomato IPO details

Here is all you need to know about the Zomato IPO:

IPO open date 14th July 2021
IPO closing date 16th July 2021
Price band Rs. 72 – 76 per share
1 market lot (minimum number of shares that you can apply for) 195 shares
Maximum lots that can be applied for 13
Listing on NSE & BSE
Issue size Rs. 9,375 crores
Retail quota 10%

How to apply for Zomato IPO through Kotak Securities Mobile App:

If you have a trading and demat account with Kotak Securities, the following are the steps for apply in the Zomato IPO:

a) Login to your trading account and go to the IPO section

Image: IPO section

Kotak IPO

b) In the IPO section, you will find the list of current IPOs. Select the Zomato IPO from that list.

Image: Select Zomato IPO

Zomato IPO

c) Fill the application details like investor category, number of shares, price, etc. and submit.

Image: Fill in the application form
Application

d) On submission, you will get the details that you have filled in. If all the details are correct, click “Accept and Confirm” button.

Image: Review application and confirm

confirm

e) Your order will be placed successfully and you will give the “Request Reference No”

Image: Successful placement of order

done

That was all about placing an IPO order with Kotak Securities.
Now, let us understand how to place an IPO order with HDFC Securities.

How to apply for Zomato IPO through HDFC Securities

If you have a demat account with HDFC Securities, the following are the steps for applying in the Zomato IPO:

a) Login to your trading account and go to the IPO section. You will see Zomato Limited – General. Click on apply

b) In the “Select Investor Status” dropdown, select “IND Retail Zomato”. Input the number of shares that you wish to apply. The minimum is one lot (195 shares). Next to the “Price per Share Rs” field, tick the “Cut Off Price” checkbox. The price of Rs. 76 will appear automatically. The “Application Amount Rs” and “Pay Amount Rs” will get filled automatically.

c) Click on the blue “GO” button to proceed to the next screen.

d) On the next screen, you will see the “Disclaimer” and essential information related to “Online IPO – Product Features.” You will need to click the “I AGREE” button to proceed ahead.

e) On the next screen, you need to select the bank name and account for blocking the funds for the IPO application. Click on “Hold” to proceed ahead.

Image: Blocking funds for Zomato IPO application

f) The system will place your order, and you will see the "IPO application number" and "Transaction number”. Click "OK" and complete the process.

Image: Zomato IPO application confirmation

How to apply for Zomato IPO through Sharekhan Mobile App:

If you have a demat account with Sharekhan, you can take the following steps to apply for the Zomato IPO.

a) Login to the Sharekhan website or mobile app

b) Next to the “Overview”, click the menu options, and select “Equity”. Within the equity options, select “IPO”. From the list of current IPOs, select the Zomato IPO.

c) Fill the IPO application form with details such as your demat account number, category, number of shares and the price at which you wish to apply. Enter your UPI ID, click the checkbox to agree with IPO Terms and Conditions, and click “SUBMIT”

Image: Sharekhan App – IPO application form

(Source: https://www.youtube.com/watch?v=KAFfeBT7xeA)

d) On submitting the details, you will see an order confirmation screen. Click on “CONFIRM ORDER”. In the next step, you need to authenticate your UPI transaction details. It will show the IPO bid number and the Authorization status as “Pending”.

Image: Zomato IPO application – Confirmation of UPI transaction details

(Source: https://www.youtube.com/watch?v=KAFfeBT7xeA)

e) On your mobile, you will receive a request to approve the pending UPI mandate.

Image: Request to approve pending UPI mandate

f) In the next step, click on “PROCEED” to approve the UPI mandate. Enter your UPI pin and authorize the transaction. On successful authorization, you will receive a confirmation SMS.

Image: Approval of UPI mandate

g) On the Sharekhan app, you can check the successful submission of the IPO bid with the transaction details such as the number of shares applied for, the total amount, the bid number, etc.

Image: Successful submission of IPO application

How to apply for Zomato IPO through ICICIDirect

If you have a demat account with ICICIDirect, you can take the following steps to apply for the Zomato IPO.

a) Login to your trading account and go to the IPO section. From the list of ongoing IPOs, select the Zomato IPO and click on the “Go” button.

Image: Select the Zomato IPO from the list of ongoing IPOs

(Source: https://www.youtube.com/watch?v=3S4PFSxyvkk)

b) Enter the application details like the number of shares that you wish to apply for and the price at which you wish to apply for and click on “Submit”.

Image: Enter the bid details

c) On the next screen, you will be asked to block funds under the ASBA application.

Image: Block the funds for the IPO application

d) On the next screen, you will get the confirmation of successful acceptance of your IPO application.

Image: Confirmation of order placement


e) Once you get the confirmation of the successful acceptance of application, you can check your application details.

Image: Checking the application details

List of upcoming IPOs

Some of the other IPOs expected to be launched in 2021 or in the following year include:

  1. Glenmark Life Sciences
  2. Nykaa
  3. Aditya Birla Sunlife AMC
  4. Policy Bazaar
  5. GoAir
  6. Aadhar Housing Finance
  7. Paytm
  8. Fincare Small Finance Bank
  9. Mobikwik
  10. Life Insurance Corporation (LIC) of India
  11. NSE India
  12. Star Health Insurance Limited
  13. Shriram Properties

What to do after submission of IPO application

Once you have successfully submitted your application, you need to wait for the issue to close. In the next few days, the allotments will be finalised. These days, most IPOs get heavily oversubscribed. So, when allotments are getting finalised, you can keep your fingers crossed and hope and pray that you get the allotment. If you get the allotment, they will debit your bank account for the number of shares allotted to you and credit your demat account with the shares. On the day of listing, if the share lists at a heavy premium, you can decide whether to book partial or full profits or continue holding for the long term.

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