Zomato on 14 July made a special delivery of its first initial public offering or IPO and attracted 1.05 times the issue size on the very first day.

You heard that right, a company that began as a restaurant discovery platform before turning into a full-scale food delivery company with presence in over 500 cities, made history by becoming the first Indian 'unicorn' to launch a domestic IPO. 


When the issue opened on 14 July morning, retail investors jumped at the 10 percent quota reserved for them and were hungry for more given that there were 2.7 times as many bids as shares available.


However, keeping the celebration of the IPO aside, brokerages and analysts have cautioned that given the companies sky-high valuation—which is reported to be 25 times the enterprise value—and the fact that the company has been reporting losses for the past three years, the path to profitability for Zomato is not clear.

Given the risks attached, should you dig into your wallet and invest right now when it is low or hold on to see if this is only a listing boom? What do investors have to say?

Host and Producer: Himmat ShaligramGuest: Hemang Jani, Head of Equity Research at Motilal Oswal Financial Services.Editor: Shelly Walia
Music: Big Bang Fuzz
Listen to The Big Story podcast on:
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<div>Zomato on 14 July made a special delivery of its first initial public offering or IPO and attracted 1.05 times the issue size on the very first day.<br>
<br>

</div>
<div>You heard that right, a company that began as a restaurant discovery platform before turning into a full-scale food delivery company with presence in over 500 cities, made history by becoming the first Indian 'unicorn' to launch a domestic IPO. <br>
<br>
When the issue opened on 14 July morning, retail investors jumped at the 10 percent quota reserved for them and were hungry for more given that there were 2.7 times as many bids as shares available.<br>
<br>
However, keeping the celebration of the IPO aside, brokerages and analysts have cautioned that given the companies sky-high valuation—which is reported to be 25 times the enterprise value—and the fact that the company has been reporting losses for the past three years, the path to profitability for Zomato is not clear.<br>
<br>

</div>
<div>Given the risks attached, should you dig into your wallet and invest right now when it is low or hold on to see if this is only a listing boom? What do investors have to say?<br>
<br>
<strong>Host and Producer: </strong>Himmat Shaligram</div>
<div>
<strong>Guest: </strong>Hemang Jani, Head of Equity Research at Motilal Oswal Financial Services.</div>
<div>
<strong>Editor:</strong> Shelly Walia</div>
<div><br>
</div>
<div>
<strong>Music:</strong> Big Bang Fuzz</div>
<div><br>
</div>
<div><strong>Listen to The Big Story podcast on:</strong></div>
<div><br>
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<div>Apple: <a href="https://www.youtube.com/redirect?q=https%3A%2F%2Fapple.co%2F2AYdLIl&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">https://apple.co/2AYdLIl</a>
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<div>Saavn: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2oix78C&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2oix78C</a>
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<div>Google Podcasts: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2ntMV7S&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2ntMV7S</a>
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<div>Spotify: <a href="https://www.youtube.com/redirect?q=https%3A%2F%2Fspoti.fi%2F2IyLAUQ&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">https://spoti.fi/2IyLAUQ</a>
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<div>Deezer: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2Vrf5Ng&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2Vrf5Ng</a>
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<div>Castbox: <a href="http://bit.ly/2VqZ9ur">http://bit.ly/2VqZ9ur</a>
</div>

The Big Story is back with a second season!

The news culture of our times is noisy, crowded, and honestly so confusing. This is why we are coming every fortnight on your podcast platforms to help you make sense of the new and now. 

With two new hosts, Anjali and Prateek, the second season of The Big Story will feature longer and well-rounded discussions with experts across science, culture, technology, politics, and more. Tune in on your preferred podcast platform!   



Millions of listeners seek out Bingepods (Ideabrew Studios Network content) every day. Get in touch with us to advertise, join the network or click listen to  enjoy content by some of India's top audio creators.
studio@ideabrews.com

Android | Apple

<p>The Big Story is back with a second season!</p>
<p>The news culture of our times is noisy, crowded, and honestly so confusing. This is why we are coming every fortnight on your podcast platforms to help you make sense of the new and now. <br aria-hidden="true"><br aria-hidden="true">With two new hosts, Anjali and Prateek, the second season of The Big Story will feature longer and well-rounded discussions with experts across science, culture, technology, politics, and more. Tune in on your preferred podcast platform!   </p>
<p> </p>
<p><em>Millions of listeners seek out <a href="https://bingepods.com/">Bingepods</a> (Ideabrew Studios Network content) every day. Get in touch with us to advertise, join the network or click listen to  enjoy content by some of India's top audio creators.</em><br><em><a href="mailto:studio@ideabrews.com">studio@ideabrews.com</a></em></p>
<p><a href="https://play.google.com/store/apps/details?id=com.bingepods.app">Android</a> | <a href="https://apps.apple.com/us/app/bingepods/id1637568609">Apple</a></p>

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