Truth Speaker Mitra (@SubhajitMitra) 205 Followers 21 Nov

Insurance 712 2

Don't jump on new IPOs— even SEBI possibly making a delay for IPO approval;115 days(earlier 75 days)

A year's worth of $18 billion was spent on 5 IPOs, even if the warning indicators were there as early as 2021.

Zomato, the undisputed leader in food delivery, Paytm, Nykaa, Delhivery, and Policybazaar, the undisputed leader in financial, are among the five startups.

The shares of Japanese behemoth SoftBank fell 10% in one day due to its sale of 1629 crore Paytm shares yesterday.

TPG Capital is currently selling 1,000 Cr. of Nykaa shares!

The US company received a 0.5% discount rate as Nykaa shares dropped 20% due to a share dump of 253 Cr last week.

In a different transaction, Tiger Global Management sold ₹522 crores worth of Policybazaar shares barely three days after they dropped their shares for ₹606 crores rupees!

They used to own 7.1% of it, but now they only own 0.55%. When Zomato's lock-in period ended, pre-IPO investor Uber left the business, just like Delhivery had done. The real story is that these firms' valuations were inflated despite their enormous financial burn. 

Despite having the largest market share, they have an opaque road to profitability. As a result, investors are emigrating quickly. 


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