Zomato Limited IPO Message Board (Page 29)

I have 6 applications to sell

Ur contact number ?

Hi sonal
gr and clean ketla allot thaya ?
Sell Karya ke hold ?

Both 1 lot allotted..
And both are hold for short term..

Ok
Thanks dear

@Bullish , Congrats
You are bang on for the Cleanscience and GR Infra

Apka tukka tha yaa inside info... Par aaj ka listing dekh ke jo nasha chada he....

Aapki cmnt dekhke zometo bechna bandh kar diya logo ne 😌

I don''t think it''s fair to compare a tech company with manufacturing firms. (I do believe that Zomato is first and foremost a tech company and then a food delivery service).

Netflix used to be just a distribution service, until they gathered enough data and applied enough ML algos to be able to create a show that they knew would be hit amongst their userbase - House of Cards. That''s how Netflix originals, a key component of Netflix (and currently one of its most significant hope of surviving the entry of Disney and Apple in the streaming industry) started, just leveraging data. Btw, this is one reason why a lot of Netflix originals fare great with their recommended target audience while the critics don''t really like it - Netflix doesn''t depend on critics so it doesn''t matter what they feel until the end user is entertained.

All those companies you mentioned, if they wanna scale, they need heavy capital investments. That limits their growth. For a tech firm, managing scalability is one of their strong suits. Sure, it takes time to get restaurants listed and drivers prepared for a new location, but scaling the software and being able to provide increasingly better services is a huge plus.

60,000 cr. valuation seems too much right now, I agree, but Zomato will have financial assets of over 15,000 crore Post ipo. So the effective valuation they are asking for their software, customer base, and all that data is infact 45,000 crore.

And then there''s the option of cloud kitchens. Zomato has delivery figured out, they are already in B2B ingredients delivery space. Combine these two with the insights from user data, and Zomato can start its own "Zomato originals" cloud kitchens.

And even if Zomato doesn''t start its own cloud kitchens, it has created the infrastructure for independent cloud kitchens to run profitably in India (and I do imagine that the margins from there would be better than from restaurants).

So until Amazon somehow manages to run Zomato out of business, I feel that there is tremendous scope of growth here. That scope of growth is what the high valuations are for.

I once read about how Yahoo didn''t buy Google at $5 billion because they thought it was too much (they were offering $3 billion). I''m not saying Zomato is anywhere close to being like Google, but it isn''t much different either given how Google''s business model too was to first gain market share and then figure out ways of monetizing it.

And I know VC money is seen as dirty money, but take Jio as example. Everyone is bullish on Jio because it has both profitability and market share. But it gained that market share on the back of Reliance''s deep pockets by using the same freemium model. Now Jio is valued at 8 lakh crore rupees. Who wouldn''t have liked to buy it when it was "pricely valued at" 60,000 crores if they could get a chance?

Edit: Jio was valued at 5 lakh crore rupees an year ago. Must be 6 lakh crore rupees now. The figure 8 lakh crore rupees was a projection for FY22. I know the exact figure is besides the point, but just wanted to add the correction.

Jio Story is on 2 US dollar Chutzpah. (ARPU is only US$ 2)

Ekdum sahi, half se jyada ipo ki company Gujarat based company hoti hai, baki 25% Maharashtra based.
Other part of india se sirf 25% company apna ipo lati hai