The Zomato IPO attracted massive attention from investors across India, marking one of the most talked-about public offerings in recent years. As the company made headlines with its historic debut on the stock exchange, millions of retail and institutional investors rushed to participate in the IPO. Once the bidding process closed, the next big question on everyone’s mind was the Zomato IPO allotment status. Understanding how to check the allotment, what it means, and what to expect after receiving or missing an allotment is crucial for every investor who participated in this landmark issue.
Understanding the Zomato IPO
Zomato, a well-known food delivery and restaurant aggregator, launched its Initial Public Offering (IPO) to raise capital for business expansion and strategic growth. The IPO consisted of a fresh issue of shares and an offer for sale. Due to its brand recognition and sector relevance, the issue was oversubscribed multiple times, especially in the retail and qualified institutional buyer categories.
The overwhelming demand made the allotment process highly competitive, leaving many applicants eager to find out if they secured any shares. This brings us to the crucial topic of the Zomato IPO allotment status.
What Is IPO Allotment Status?
The IPO allotment status refers to the process of distributing shares among applicants who placed bids during the IPO subscription window. Since the demand for Zomato shares exceeded the supply, not all applicants received full allotment. Some received partial allotments, while others received none, based on the rules of distribution and oversubscription in the retail category.
Key Terms Related to Allotment
- Retail Individual Investor (RII)– Investors applying up to â¹2 lakh.
- Oversubscription– When more shares are applied for than are available.
- Basis of Allotment– The logic or system used to determine how shares are distributed.
Understanding these terms helps in interpreting your allotment results accurately.
How to Check Zomato IPO Allotment Status
Once the allotment date is reached, investors can check the status using various online platforms. The most commonly used method is through the official registrar of the IPO. In Zomato’s case, the registrar was Link Intime India Pvt Ltd. The following are the general steps to check IPO allotment status:
Steps to Check Allotment Status
- Visit the official website of the IPO registrar.
- Look for the Zomato IPO allotment status link.
- Enter your PAN number, Application number, or DP Client ID.
- Click on ‘Submit’ to view your allotment status.
If your shares are allotted, the status will show the number of shares credited to your demat account. If not, it will display No allotment or a similar message.
When Is the Zomato IPO Allotment Status Released?
The allotment status is typically released a few days after the IPO bidding window closes. For Zomato, the allotment date was announced in advance and was usually followed by swift updates on registrar websites and stock exchange portals. Investors are advised to check the status only after the registrar has updated the data, as checking prematurely may lead to no records found errors.
What Happens After IPO Allotment?
If you are allotted shares, the following steps take place:
- The allotted shares are credited to your demat account before the listing date.
- You can view them through your broker’s app or demat platform.
- On the listing date, you can choose to sell or hold your shares based on your investment strategy.
If you are not allotted any shares, the application amount is refunded to your bank account. Refunds typically reflect within 3 to 5 business days after the allotment date.
Refund Scenarios
- Full Refund– If you received no shares at all.
- Partial Refund– If you applied for more shares but received fewer.
It’s important to monitor your bank account and ensure that the refund is processed smoothly.
Common Issues with Allotment Status
Sometimes, investors face difficulties while checking their Zomato IPO allotment status. Here are some common issues and solutions:
Issue: Status Not Showing
- Reason: Registrar hasn’t updated the allotment data yet.
- Solution: Wait until the official update and try again later.
Issue: Wrong Details Entered
- Reason: Incorrect PAN or application number used.
- Solution: Cross-check the details from your IPO application.
Issue: Demat Account Not Showing Shares
- Reason: Allotment not credited yet or technical delay.
- Solution: Contact your broker or registrar for support.
Tips for Better Allotment Chances
In popular IPOs like Zomato, the chances of getting shares can be slim due to high demand. However, some strategies can slightly improve your odds:
- Apply with multiple PANs through family members.
- Avoid applying in large lots; stick to the minimum application size.
- Use UPI-based applications for faster processing.
- Ensure sufficient funds are in your account before applying.
Although none of these guarantee allotment, they align your application with the most common success patterns observed in past IPOs.
The Significance of Zomato IPO
The Zomato IPO was more than just a company going public it symbolized the growth of tech-driven consumer businesses in India. The overwhelming response highlighted investor confidence in new-age digital platforms. Whether or not investors got an allotment, the IPO opened the door to more startups entering public markets in the future.
The listing also served as an educational moment for first-time investors, many of whom participated in an IPO for the very first time. From understanding how the application works to checking allotment status and watching listing day performance, it created a full-cycle experience of equity market participation.
Checking the Zomato IPO allotment status is a key step for every investor who applied for shares. Although the process is simple, understanding when and how to check it helps avoid confusion. Whether you received an allotment or not, knowing the outcome allows you to plan your next steps whether that’s preparing for the listing day or applying for the next IPO. With more digital platforms like Zomato entering the stock market, IPO participation has become an exciting part of retail investing in India.