#NIFTY50#NAUKRI
Update-2.. infoedge..
Recommended 4000...cmp 5350...target -10000 longterm (1-2 year)
1.Online food delivery platform Zomato is closing a fresh $500 million investment in what is being widely regarded as a pre-IPO funding round, valuing the company at about $5.5 billion
2.Zomato is aiming for an IPO by June this year valuing the company at $6-8 billion in the public market
3. Sources said Goldman Sachs, Morgan Stanley, Credit Suisse and Kotak Mahindra Bank have been appointed by the company to run its IPO process
4.as per the estimate and valuation of recently same type of company listed in usa ..Zomato after listing can get valuation of 15 billion
5. Infoedge with stake of 17-18% in Zomato can be valued at 20000 crore
6.infoege have stake in 35 start up incuding Zomato..policy bazar etc..if few out of these sucessful than huge opportunity to unlock value
7.infoedge have in house division like naukri..99 acre.. jeewan sathi...siksha .com..all these have potential to be listed seperately..which will further unlock value