252. P Patel| Link| Bookmark|
July 12, 2021 12:14:14 PM
IPO Mentor (900+ Posts, 900+ Likes)
Disclaimer: This are my personal views. Please consult your financial advisor or do your own due diligence.
Zomota is loss making company and asking for Rs.76 (upper band) for FV of Re.1. The premium company is demanding is obviously very high at this moment.
But I am thinking from different prospects. Zomota is in food service platform established in 2010, one of the leading in this segment. Company has bright future and surly turn profitable in next few years and everyone knows market is paying premium for future valuation and not on current valuation. Take example of Burger King - This is also loss making company but still its is trading at around Rs.175 - (Future valuation).
I am not sure whether it will list above or below issue price and also for short term in what range it will be trading. But for long term, I believe it will give good return in 2-3 years. So I am going to apply and accumulate at every opportunity.
252.1. sdz| Link| Bookmark|
July 12, 2021 1:40:12 PM
IPO Guru (1000+ Posts, 500+ Likes)
Burger King should make 133cr pa profit for PE to be 50 @175.
While, Zomato should make 1,200cr pa profit for PE to be 50 @76.
Gave just for numbers sake to get an idea. They both are into different businesses and need to look at different parameters for valuations though.
252.2. P Patel| Link| Bookmark|
July 13, 2021 10:08:41 PM
IPO Mentor (900+ Posts, 900+ Likes)
As expected, Anchor investors rush for this IPO. They have futuristic vision and this digital technology is the new generation business model which is going to be in limelight in this decade. They are going to grow multifold in next 4-5 years. Many digital technology companies are in pipeline to enter in primary market in next few months.
This is perfect issue for retailers to check whether third party applications get allotment in LinkInTime as issue size is big and retailers are not as crazy as in other IpOs.
249.1. jstm| Link| Bookmark|
July 13, 2021 8:00:08 PM
IPO Guru (1300+ Posts, 3200+ Likes)
Check in both ways > ASBA & UPI
249.2. RJ Rocks| Link| Bookmark|
July 13, 2021 8:42:17 PM
Top Contributor (400+ Posts, 200+ Likes)
I have got 3rd party alottment in both linkintime & Karvy. I have got 3rd party alottment in indigo paints & CAMS in linkintime and got Shyam Metalic & IPL in Karvy.
@Dharemdra ji, it is not my analysis. One of my friend recommended arvind fashion. I took position in it and thought to share it with forum members.
249.5. jstm| Link| Bookmark|
July 13, 2021 9:02:19 PM
IPO Guru (1300+ Posts, 3200+ Likes)
@ RJ Rocks In Indigo and CAMS how did you apply ? ASBA OR UPI & from Which bank ? SBI ? I am asking because at the time of karvy I usually got 3rd party app but not tried again in linkintime after unsuccessful allotment.
@Ankur Goel AnkurGoel is also your ID which you used to post earlier ? At that time also you replied everybody''s query fast and gentle way.
249.6. RJ Rocks| Link| Bookmark|
July 13, 2021 9:28:54 PM
Top Contributor (400+ Posts, 200+ Likes)
I am doing 3rd party application using SBI ASBA only. And also alotted in past using SBI ASBA.
कुछ लोग IPO Guru बनने के चक्कर मे एक दो रुपये ऊपर नीचे करके GMP पोस्ट कर देते हैं अपने हिसाब से
कृपया करके GMP डालने का काम सिर्फ experts को ही करने दे ऐसा करने से यहां पर quality पोस्ट ही देखने को मिलेंगे.
242.1. jstm| Link| Bookmark|
July 13, 2021 8:05:14 PM
IPO Guru (1300+ Posts, 3200+ Likes)
Sorry to say but the fact is Lagta hai aapki post ka koi asar nahi ho raha hai. GMP har pal rupiyo mai nahi paiso mai badal rahe hai.Guru ke chakkar mai😊
अभी तो जोमोटो से खाना मंगा कर खाओ,जिस दिन बाजार गिरेगा तब आधे से भी कम रेट में शेयर ले लेना। लूट मची है बाजार में । ये कम्पनी घाटे में क्यों है ? 100 रूपये का माल 60 रूपये में देगा तो घाटा ही होगा,और उस घाटे की पूर्ति शेयर जारी कर की जा रही है।