Zomato Limited IPO Message Board (Page 48)

Unbelievable madness. Already a loss making company in best of times for home delivery business. At 100 plus times PE to a long furure earnings that too if it becomes profitable. What happened to the old rule that company should make profit for 3 consecutive years to come with an ipo.

Already 5 Lakh restaurants are developing an alternate software and delivery system to zomato. I think the promoters or major stakeholders are offloading taking advantage of good market conditions. Absolutely no justification for such absurd valuation.

Due to this old rule flipkart and snspdeal was unabling to launch ipo since 10 years...but only sebi can reveal new rule or anything else deal

Zomato IPO – *Market’s Current Estimates of oversubscription*:

NII = 30KCrs. = ~21.45X
RII = 20L Forms = 3.18X Applic. wise (Avg allotment of ~61.35 shares per lot)

Interest cost *@8.50%p.a.* for 7days = *12.39paise for 1X*

Thus, for NII the costing = 21.45 X 12.39 paise = Rs.2.66 per share (= GMP)

And, for RII the costing = 2.66 X 61.35 = Rs.163/- (= Kostak)


Zomato IPO – *GMP Estimated*

GMP 8.25 +/- 0.25
Kostak 500 +/- 10
Subject 2 @1,350/-

If it turns to be true, NIIs getting 5% worth shares of application amount is superb. But, whether it''ll list in green and or not is doubtful ;)

मैडम जी, 20लाख एप्लीकेशन मे आपकी एप्लीकेशन होगी या नही,यह जानने की उत्सुकता है।

Breaking News - As per media reports Zomato''s anchor book got subscribed by 35 Times.

Bids received for around 1.45 lakh crore against anchor size of 4,196 Crore 👍

interesting, waiting for final list now. in this case, GMP will increase.

Zomato 👎🏽👎🏾👎🏿
Seller @ < 8/-

If you are applying for listing gain,
then forgot this ipo.
Don''t apply and apply other ipo.

ZOMATO GMP : 10

Dear Admin,

If possible kindly add feature where a member can filter or follow messages from members(something like twitter) of his choice. There are too many meaningless /repetitive messages being posted.

Thanks

Zomato premium is 8.5 - 9.0

Prabhudas Lilladher has come out with its report on Zomato. The research firm has recommended to Subscribe; the ipo in its research report as on July 12, 2021.

@ DOWG
OH no thats not the reason

@chem cho then plz enlighten us

please share Latest GmP

Whenever no response of hype ipo , than big blast down or up possible

Big bull

Aap to big bear lag rahe ho

😂

🌟 Zomato IPO

🔸Basic Details
Dates: 14th - 16th July
Price Band: Rs 72- Rs 76
Lot Size : 195 Shares
Application Amount: 14,820
IPO Size: Rs 9,375Cr
Retail Quota: 10%
Date of Allotment: 23rd July

🔸Financial Analysis (FY 2020-21)
EPS: Rs ( -1.51)
Book Value per share: Rs 15.09
Return on Net worth: (-10.04%)

🔸GMP : Rs 7.5 to Rs 8 Per share (very weak)

Zomato can be good buy at 50-40-30 for long term

After IPO, Grey mkt will trade flat or no GMP

As analyst list now no good response

Info edge Down 5% ...

it shud be 5% ul aftr all it will be profited after zomato listing..
dnt knw reson for this fall

Market very eagerly to punish lesson to zomato.. unabling to keep patience seems and hammer info edge

Cautious IPO well said

Can someone suggest good source for equity tips?

3C Capital, Goodluck Capital and RK Bansal

Zomato looses Sheen in grey Market , GR Infra & clean Science hold grounds.

Issue would definitely sail through. Allotment would not be a challenge in this IPO considering its size.

https://economictimes.indiatimes.com/markets/ipos/fpos/zomato-loses-sheen-in-grey-market-gr-infra-clean-science-hold-ground/articleshow/84366263.cms

Issue can be challanging as for Retail Investors, quota is only 10% of issue size, again retail investors will make it over-subscribe

Is this done or planned? Confusing article -
https://www.moneycontrol.com/news/business/ipo/exclusive-zomato-to-raise-560-million-from-anchor-investors-for-ipo-sources-7163271.html

Don''t mean to offend the experts on this forum but traditional approaches of ipo analysis may not be applied on futuristic businesses as their ability to push new offerings to customers is far more effective than traditional businesses. It is a technology driven company and will continue surpassing the competition if tech remains its main focus and it has pockets full of money. Business verticals expansion prospects also seem lucrative as Zomato is planning to foray into grocery/daily needs delivery and considering huge consumer base, it may turn to be hugely successful. Liquor delivery is almost bound to happen. Average order value is continuously increasing and it is a huge indicator of shift of consumer behaviour from being discount hungry to food addict :)
But nonetheless it involves huge risk due to unproven strategies.

not done yet, but today is the anchor investor date, so this should be in process.
today post 9-11 pm we will get to know once the anchor list is uploaded in exchanges.

Zomato garners almost half its issue size of around $560 million from institutional investors at the upper end of the price band of Rs 76/share.
Startup IPO frenzy kick-starts with the first unicorn, food delivery platform Zomato’s IPO launch on July 14. Sources have told Moneycontrol that Zomato received a strong response from global institutional investors for its anchor book.

Zomato garners almost half its issue size of around $560 million from institutional investors at the upper end of the price band of Rs 76/share. Over 100 end investors to be allotted shares as part of the anchor book for its IPO.

Moneycontrol has learnt that top foreign investors in Zomato’s anchor book include Baillie Gifford, BlackRock, Capital Research, CPPIB, GIC, T Rowe Price.

Top domestic investors include mutual funds and insurance companies like Axis MF, HDFC MF, Birla MF, Nippon, HDFC Life, ICICI Pru Life.

Why it is listing only on BSE?

It is mistake in chittorgarh, it will be listed on NSE/BSE.

Thanks for replies.
Seems admin corrected it now.

This IPO creates an euphoria that gives temptation to investors. Pl think it over that majority of good research houses hold a ''total avoid'' to this issue.
Keep the money ready for good IPOs like UTKARSH, Glenmark LS etc