Zomato Limited IPO Message Board (Page 40)

Apply with full force.

QIB already subscribed 7 time.

Listing will be after 10 days.

Hence, it will be difficult to predict the condition of the market after 10 days.

If the conditions prevailing today holds good after 10 days, definitely there will be listing gain, which will not be significant.

I am applying with full force.

Aniketiaf sir has already given "Apply with full force" rating well in advance.
So, I applied yesterday.
Btw, Rajakumar sir is missing from your experts list. I think he and Aniketiaf sir is the most genuine person at present to be followed with.

I have applied considering for long term investment - 2-5 years and not for listing gains.

Yes

thanks

Yes but Zomato is not just an app. If we see it that way, then the core operations of Facebook, Netflix, Amazon, etc. are "just an app" as well. Fb bought Whatsapp, another "app", for $19 billion, and they hadn''t yet figured out how to make it profitable when they acquired it. Yet, it''s one of the best decisions Fb ever made.

It''s not the platform. It''s the customer base and the information that makes tech companies valuable.

If you really want to compare it to the insaruance pie, then Zomato is the LIC of food delivery. It''s not just the service in a growing sector that we''re looking at, it''s the duopoly.

Imagine this - just like amazon allegedly "steals" the bestsellers and make the products in its private label brands, what''s stopping Zomato from opening a QSR chain called "Zomato kitchens" all over the country where they make food that''s most popular in that specific area and get that delivered?

Imagine you want to open a restaurant and are deciding which items to put in your menu. Wouldn''t you like if you could buy anonymised order data to make optimal decisions based on the menu?

I am skeptical about the growth that comes on the back of VC;s money (which is why I really like EaseMyTrip - one of the only profitable tech startups, and they never took any VC money to get there).

However, even Zomato''s their unit economics is improving and they were agile enough to switch to grocery delivery when the pandemic hit. Before the pandemic, Zomato needed restaurants to survive, but now a significant portion of restaurant''s revenue depends of Zomato and Swiggy - which is a powerful position.

The question, then is, is it a position powerful enough to demand a 60,000 cr. valuation? Perhaps time is the only one that has the answer.