Many startups are set to launch an initial public offering (IPO) this year. This includes zomato, Paytm, PhonePe, Delhiveri among others. Because of the positive sentiment of the stock market, companies do not want to leave the opportunity.
The startup is also excited by this. Many startups in the country are preparing to bring an IPO to the market next year. This includes companies such as Zomato, PolicyBazaar, Drum, Grofers. Market experts say that this is going to be a big earning opportunity for investors as well.
Experts say that till now only big and market-oriented companies used to get IPOs. But startups are also going to bring IPOs by capital market regulator SEBI, simplifying the rules for IPO
Zomato IPO may hit mid-2021 Many startups are preparing to bring IPO to market 2021 year
According to media reports, in June this year, the company can file draft Red Herring Prospects (DRHP) with market regulator Sebi. If approved, the company may also launch an IPO by October. In September last year, co-founder and CEO Dipendra Goyal also hinted at an IPO launch. He had told the staff via email that the company could launch an IPO in mid-2021.
Zomato recently increased paidup capital threefold. It has increased from Rs 535 crore to Rs 1,448 crore. For this, the company has restructured its capital base and created 8.80 billion new shares. Paidup capital refers to a fund that the company receives from its shareholders in exchange for shares. When a company sells its securities and shares in the primary market, the capital it receives is called paid up capital.
Meaning of paid up capital: Paidup capital refers to a fund that the company receives from its shareholders in exchange for shares. When a company sells its securities and shares in the primary market, the capital it receives is called paid up capital.
Listing line: Flipkart, Paytm, Zomato, Big Bosset with many companies planning IPO
Naukari.com, Jeevansathi.com, 99acre.com and Shiksha.com are some of the websites and portals you may have used or have They will be very familiar with them. Let me tell you that all these websites are part of the Info Edge India company. Info Edge started Naukri.com in 1997. In 2010 Info Edge supplied food startups. zomato (food delivery startup) was acquired in 1995. Info Edge was launched in 1995 and the company was listed in stock market in 2006.
Zomato is a food delivery startup and on the night of 30–31 December, Zomato received 4253 orders every minute. Jomato s discussion is more about one thing, that Jomato is coming out with its IPO soon.
Info Edge is a fully Internet company. And its job dot com is the most popular website. 70 per cent of the revenue of Info Edge comes from the job portal Naukri.com. The company has also invested in PolicyBazaar.com (PolicyBazaar)