Zomato IPO: Pricey but appetising

Zomato IPO: Pricey but appetising
ET Bureau
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Synopsis

India's first IPO by a consumer internet company is expected to hit the market on July 19. The company, still makig losses is seeking a rich valuation - a concept new to Indian markets. Shares of companies with similar businesses abroad have done well in the past few years.

ETtech
India's first IPO by a consumer internet company is expected to hit the market on July 19. The company, still makig losses is seeking a rich valuation - a concept new to Indian markets. Shares of companies with similar businesses abroad have done well in the past few years.

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