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Shankar Sharma on Zomato IPO: Globally, if you look at Grubhub, which is a similar company to Zomato, that also didn’t do well at all in the post-listing aftermarket. Typically overhyped IPOs don’t do too well in the aftermarket, and Burger King was a good example.


Tech startups such as Zomato and Paytm unlikely to become the next HDFC Bank or TCS after IPOs, says Shankar Sharma



Name Price Change % Chg
Sbi 420.90 -7.00 -1.64
Indiabulls Hsg 265.95 -4.90 -1.81
Ntpc 118.45 -2.95 -2.43
Nhpc 25.65 -0.35 -1.35

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