The Zomato IPO would be used for funding organic and Inorganic growth initiatives and for corporate purposes according to information in the draft red herring prospectus (DRHP) of Zomato.65 lakh equity shares are reserved for employees of Zomato.

Additionally it has an initial public offering with an offer for sale (OFS) by Info Edge (India) Ltd of Rs 375 crore.

Zomato IPO has an issue of Rs 9,000 crore.

A retail investor is allowed to invest up to 13 lots, as per details provided by chittorgarh.

Zomato IPO Lot Size : Zomato IPO lot size is 195 shares.Zomato IPO Price : The price band of Zomato IPO has been fixed at Rs 72 to Rs 76 per equity share.The 3-day subscription period will end on Friday, i.e July 16 2021. Zomato IPO has opened for subscription.Suggested Read: The Unstoppable Zomato- A Success Story To Watch Out For Sure Zomato IPO Salient Facts 29 June 2021: signed a deal with Grofers to invest $120 Million in the online grocery firm by acquiring 9.3% stakes of the company.21 January 2020: acquired its rival UberEats’ (India) giving UberEats 10% of the combined business.December 2018 : acquired TechEagle Innovations (Lucknow-based startup), Zomato feels that this will pave the way towards drone-based food delivery.September 2018 : acquired TongueStun Food (Bengaluru-based e-marketplace), for $18 million in cash and stock.2016: acquired Sparse Labs (logistics technology startup) and Runnr (food delivery startup), 2017 (renamed from Roadrunnr when it acquired TinyOwl in 2016).Other acquisitions of 2015: Mekanist, MapleGraph (Delhi-based) that built MaplePOS (renamed Zomato Base), and NexTable (US-based).2015 : Zomato acquires Urbanspoon (Seattle-based) for $60 million.December 2014 : acquired Cibando (Italian restaurant service).September 2014 : Zomato acquired Gastronauci (Poland).The company pursued other acquisitions including and obedovat.sk for a combined US$3.25 million.Source: Zomato has acquired 12 startups globally:

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