People are expressing surprise at retail category already fully subscribed. 1. Zomato is an everyday brand. There is so much buzz in social media around this ipo. 2. Retailers who have ignored Clean and GR are investing in this. 3. Even those who invested in other two, can afford to invest 45,000Rs.
294. UjwalG| Link| Bookmark|
July 14, 2021 11:30:16 AM
IPO Guru (1000+ Posts, 500+ Likes)
Just a small doubt, the Retail is full subscribed now .Is it due to heavy anchor list? Like blindly following it
I checked twitter and everyone is applying. Everyone!!! Many of them are investing in ipo for the first time in lifetime. People are able to associate themselves with zomato as they are regular user of zomato so they are applying blindly.
How could a company making 1000s of crores continuously for the last several years, as for Rs.70 plus on a face value 1 Rs. share (i.e. Rs.720 for a Rs.10 share) when there are 100s of listed shares who are profit making and paying regular dividend are just being quoted for Rs.20 and above for Rs.10 face value share!
Does not make sense at all. All the existing investors of Zomato are palming off the shares at a profit to gullible retail investors! Please think 100 times before investing your precious savings and money.
288.3. DuckEye| Link| Bookmark|
July 14, 2021 10:54:30 AM
Top Contributor (200+ Posts, 200+ Likes)
Share price doesn''t matter, market cap matters. You cannot compare share price.
Kuch ko maas khane ki talap raheti he kuch ghas khake bhi jinda rehte he...
Wah @rishabh bhai ... Mota bhai aapka suggestion sochne layak he 100%..
Me too animal lover.. Aaj hi ek kauve ko bachaya.. Usne choch mari lekin wo jinda he.. Ab jisko kauva biryani khani he wo paise lagaye... Jisko mere jesa Animal / bird se pyar ho wo naa lagaye... 😉🙂
What''s the issue with non veg? I love non veg. Very delicious 😋. That doesn''t mean I will apply for this ipo. Keep your stupid logic limited to your family members..maybe there also you will find some secret meat lovers.
@ricardo mota bhai world me vegan city sabse pahele diya yahudi ne Israel me official. wo log Jain nahi hena.. 🙂 to esa he guru jisa chis ka gyan na ho to iske.bare.me charcha nahi karte... Koi expert bolta ho to sun liya karo...
The people commenting on value and overbought should study the market moves of dot com boom, That being said put that much money at risk that you can afford to loose. Most retailers apply in the ipo to sell in the opening 1-3 days,sell even if it lists at discount. Enjoy the ride till the music is still playing.
As per the Anil Singhvi Zee Business Twitter handle (@AnilSinghvi)
Conclusion on Zomato IPO: Only high risk taking investor apply for long term in small quantity Positives: -1st company to list for unique biz model - Huge growth potential - Cash rich company Negatives: - Big competition from swiggy and threat from Amazon - Big expenditure on advertisement possible - Highly Competitive Business - It may take 3-4 years to become profitable - Valuation not cheap, doesn''t leave for big upside on listing
So consolidate all experts opinions, brokerage houses rating, final subscription figures from HNI and QIBs, take your own decision after proper risk analysis.
Zomato IPO clearly shows all signs of a futuristic investment - 1. 45% shares allocated to anchor investors @76Rs 2. No existing investors are exiting. Out of complete 9375Cr only 375Cr is OFS, rest is fresh issue. 3. 75% of the issue is reserved for QIBs. Retail investors will be fighting over a mere 10%. 4. Views of experts on this forum are swinging in favour of this IPO :)