The food delivery unicorn has filed the draft red herring prospectus for a $1.1 billion initial public offering (IPO) with the bourses. Zomato is offering equity shares worth ₹8,250 crore ...
Food delivery company Zomato’s Rs93.8bn (US$1.3bn) IPO was India’s first jumbo domestic offering from the consumer technology sector and paved the way for other high-profile listings. Zomato’s ...
A behind-the-scenes look at the food delivery giant's partnership with rapper Tesher and brand integration in the hit track’s MV that coincided with Zomato's IPO. Zomato is easily the most ...
Last month, Zomato reported its quarterly results where it turned EBITDA positive. The company is now hoping to achieve net profit on a consolidated basis in the next four quarters. In Q4FY23 ...
The trading premium of Zomato shares almost halved in the grey market on July 14, as the initial public offering (IPO) of the food-delivery platform opened for subscription. The reasons could be ...
On his blog-- The Zomato IPO: A Bet on Big Markets and Platforms! -- Damodaran explained his rationale on why he said the company’s stock is overvalued and expensive. “With my upbeat story of ...
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Zomato rallies on Sensex entry; Apple vs CCI explainedZomato shares rose sharply as the food delivery firm is set to be included in the BSE Sensex. This and more in today’s ETtech Top 5. Also in the letter: IPO-bound startups step up hiring ...
The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...
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Is Swiggy's IPO worth your money? Aswath Damodaran dissects the hype, risks, and the Zomato factorValuation expert Aswath Damodaran, often called the “Dean of Valuation,” weighed in on Swiggy’s IPO, cautioning that ... Damodaran explained, “With Swiggy, I would look at the same ...
Paliwal explained, “Filing confidential draft ... when one compares the market to one year ago. The IPO market is lively, and Zomato’s strong performance in the past year has yielded ...
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