In this blog, we will be talking about India’s largest food delivery aggregator that is Zomato’s IPO that is going to be listed very soon on the stock exchange.
InfoEdge investment in Zomato of Rs. 4.7Cr. is now valued at around Rs. 8000 Cr. which accounts for 100% CAGR in the last 11 years. InfoEdge made this investment in the year 2010. The company has been one of the largest startups with its success stories in the past few decades, has finally filed in SEBI for its IPO.
Valuation of InfoEdge:
Zomato has filed the Draft Red Hearing Prospectus (DRHP) in the SEBI for the IPO and this will be an interesting thing to watch the developments and listing of Zomato IPO in the future. The food delivery business is having a very clear view of its business model. Regarding the Infoedge, an Investor needs to be of aggressive risk profile. One needs to follow Growth Discounting Process while investing in this stock. Moreover before making any investments in any of the stocks go through proper research and study.