Irresistible public offerings! The hits and misses in India's IPO history

In Kolkata, Piyush Pandey bit into a sandesh he ordered through Zomato on Friday. What made it even sweeter was that he suddenly co-owned the company that delivered it. A week ago, Pandey, 40, had put bids for the Zomato public issue. He got 195 shares at Rs 76 apiece. When the company listed on the bourses on Friday, at a near-53 per cent premium, Pandey sold 95 shares at Rs 125 apiece, netting a cool profit of Rs 4,655. “I’ll hold the