Table of Contents
- 1 Is it worth investing in Zomato IPO?
- 2 Is it good to hold Zomato shares?
- 3 Is Zomato IPO oversubscribed?
- 4 Will Zomato give listing gains?
- 5 Can you lose money on IPO?
- 6 Which IPO should I buy in August 2021?
- 7 Will Zomato IPO marks a new dawn for Indian equity investors?
- 8 Will Zomato’s cost of capital continue to increase?
Is it worth investing in Zomato IPO?
We suggest investors to stay away and wait for the stock to decline to buy. Having said that, there is little doubt that the brand of zomato is solid. However, at these levels the stock is not a good buy. The IPO had opened for subscription on July 14, in a price band of Rs 72-76 per share.
The outlook is bullish as penetration of the food delivery business in India is still low but only aggressive investors are advised to hold this stock amid uncertainty about profitability,” said Parth Nyati, Founder, Tradingo.
Is it profitable to invest in IPOs?
IPO are one of the ways you can make quick money in Stock Market. I know many investors who put money in IPO and sell it on listing day making handsome profit in the time frame of few days. Every year you have good amount of IPO floated in market. This gives excellent opportunity for IPO investors to make money.
How do you decide if an IPO is a good investment?
Investing in an IPO for listing gains may not be a bad idea, but it should not be the sole purpose to invest in it. You should select such a company with good fundamentals that can allow good returns in the future even if it fails to provide listing gains.
Is Zomato IPO oversubscribed?
Zomato IPO oversubscribed According to the stock exchange data, the food aggregator company got bids for 2,751.25 crore shares against 71.92 crore shares on offer. The IPO got bids from non-institutional investors 32.96 times, while the portion for the employees was subscribed 62 per cent.
Will Zomato give listing gains?
Stock score of Zomato Ltd moved up by 1 in a week on a 10-point scale. In the unofficial market for unlisted shares, known as grey market, Zomato’s unlisted shares are changing hands at around 30 per cent premium. Grey market premium is often considered a good indicator of possible listing gains.
Can Zomato be a multibagger?
Navin Killa of UBS, who along with his team wrote the report on Zomato, said being in a duopoly market, the company is expected to deliver over 40 per cent revenue CAGR.
Is Zomato overvalued?
Now let us look at what they have given for FY20, their revenue base and 9 months of FY21. While that is clearly showing a decline, I do not want to compare apples and oranges. So one should look at the third quarter of FY20 versus the third quarter of FY21.
Can you lose money on IPO?
In an initial public offering (IPO), a private company “goes public,” making its stock available to investors to buy on a stock exchange or over-the-counter market. IPO stock can be a valuable investment, but sometimes investors lose a lot of money.
Which IPO should I buy in August 2021?
Another one of the forthcoming IPOs in August 2021 is from Devyani International….Upcoming IPOs in August 2021.
Name of the company | Expected issue size |
---|---|
Utkarsh Small Finance Bank | Rs. 1,350 crores |
Shriram Properties | Rs. 800 crores |
Seven Islands Shipping | Rs. 600 crores |
ESAF Small Finance Bank | Rs. 1,000 crores |
Is Zomato IPO a failure?
Now that the dust has settled on the three big ‘digital’ IPOs that were due, the verdict is clear: Zomato and Nykaa were relative failures while Paytm was an amazing success.
What is the price of Zomato IPO in India?
Zomato IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹9,375.00 Crores. The issue is priced at ₹72 to ₹76 per equity share. The minimum order quantity is 195 Shares. The IPO opens on Jul 14, 2021, and closes on Jul 16, 2021.
Will Zomato IPO marks a new dawn for Indian equity investors?
How Zomato IPO marks a new dawn for Indian equity investor stock may continue to sustain even after listing, which reports say is scheduled for Friday. However, analysts believe it would make sense to book partial profit if there is a decent listing gain.
Will Zomato’s cost of capital continue to increase?
In the IPO papers filed with markets regulator Sebi, Zomato said it expects costs to increase over time and “losses will continue, given the significant investments it expects to make to grow its business.” (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets.
When will Zomato IPO shares be credited to your Demat account?
The finalization of Basis of Allotment for Zomato IPO will be done on Jul 22, 2021, and the allotted shares will be credited to your demat account by Jul 23, 2021. Check the Zomato IPO allotment status.