What will happen to Zomato's IPO ?

 My expectation from Zomato's Initial Public Offering 

1) Zomato will list at 140 - 150 Rupees per share (Update it reached 138 and settled at 126)

2) People who have missed out on IPO will have FOMO and start buying along with traders who want to make a quick buck pushing it to 200 Rupees per share

3) A sell off happens when it reaches sky high valuation

4) The stock will settle somewhere above 100 per share for a while 

5) It will start running up once again after 6 months .

6) The stock will be highly volatile for another 2-3 years where every couple of months news articles will come up both supporting and being skeptical of the valuations.Also QIB’s , VC’s and PE’s will sell their shares once in a while which will cause volatility as well.

7) Finally valuation start to look decent and a sustained rally takes off .

* Unless there’s some big macroeconomic factor / policy change / Or its main competitor Swiggy being bought by Amazon 

Well this article could have been named "  Making mistakes is the best way to Excel in the share market "

You Learn More From Failure rather than Success .

P.S : I have subscribed to this issue (2 lots) & I should be able to look back and see what a stupid decision I have made that will have taught me a lesson.

One major factor which will help Zomato cruise through is that each share is  valued at 76 Rupees. Retail investors would not  notice or care about it's Face value being 1 ,they won't see it as a share at 760 with face value of 10. Also people come to share market hearing stories of how people invested in MRF , SBI , HDFC ,Reliance ath dirt cheap prices .They will consider this at their time to shine .

Apna Time Aayenga

Please don't treat this as some validation / recommendation and invest in the IPO