Zomato ipo subscription grey market

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Zomato ipo subscription grey market

According to market observers, this slide in the Zomato IPO GMP today is not good for the issue, which is opening for subscription today. However, the market observers maintained that GMP of an IPO is not a concrete indicator of the public issue and people would look at the financials of the company and bid strongly for the initial public offering. But, in my view, one should look at the financials of the company for making any decision in regard to IPO subscription. As there are no listed peers in India, so valuations cannot be compared on a relative basis. We recommend to subscribe this IPO as the company is one of the leading food service platforms in India having recognized consumer brand equity and is well placed to capitalize on the large market opportunity available in India. Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now! Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! Looks like you have exceeded the limit to bookmark the image.

Company manufactures decorative items.

IPO Status: Listed [ to ]. Zomato was listed on the stock exchange on The IPO was subscribed Open Zerodha Account. InvestorGain is an affiliate of Chittorgarh.

According to market observers, this slide in the Zomato IPO GMP today is not good for the issue, which is opening for subscription today. However, the market observers maintained that GMP of an IPO is not a concrete indicator of the public issue and people would look at the financials of the company and bid strongly for the initial public offering. But, in my view, one should look at the financials of the company for making any decision in regard to IPO subscription. As there are no listed peers in India, so valuations cannot be compared on a relative basis. We recommend to subscribe this IPO as the company is one of the leading food service platforms in India having recognized consumer brand equity and is well placed to capitalize on the large market opportunity available in India. Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away!

Zomato ipo subscription grey market

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Tools and Calculators. Though, valuing such early stage businesses on plain vanilla financial matrix might not give the right picture and may look distorted. Investors should be aware that any investment in equity markets is subject to unpredictable market-related risks. It generates a majority of its revenue from food delivery and the related commissions charged to its restaurant partners for using its platform. Already a Member? We do not work with individual clients after you click on affiliate links. Check all the latest action on Budget here. What to look for before investing in a consumer internet company. Follow us. Another important part of its business is iv Zomato Pro, its customer loyalty program which encompasses both food delivery and dining-out. Revenue grew at Each of B2C as well as B2B offerings helps increase the value of its platform for its customers, enabling it to further attract new customers and to deepen engagement with existing customers.

Zomato is one of the top startups of India.

The company's solid financial track record and impressive ROE of The public offer of 8. Latest and updated information on Zomato IPO. What GMP signals ahead of listing? You are just one step away from creating your watchlist! Find this comment offensive? One is the display ad - broker related and IPO related. There are three key stakeholders in its food delivery business — i Customers, ii Delivery Partners, and iii Restaurant Partners. The offer will close on July Contact us today