Zomato can register at a 30-35% premium by subscribing to heavy; Has some red flag, said Gaurav Garg from Capitalvia
Zomato RS 9,375-Crore Food Delivery Platform The initial public offering, which is open to subscribe on July 14, can list at a 30-35 percent premium, Gaurav Garg, a research head at Capitvia Global Research said. The company has several red flags, including competition from its biggest rivals, Swiggy, and ongoing disputes with restaurants with discounts, […]
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