At Rs 70-72, Zomato IPO pricey but appetising

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. 84191944

from Economic Times https://ift.tt/36hBgfb