They would want things to settle down and then they would take a call.How to hack in Nutaku games? Visit our Generator PageĬlick on one of the buttons redirecting to our generator page. IPO-going companies will become cautious. Now that this has happened, we may see a bit of a break in IPOs,” he said.
“You want a really conducive environment so that an IPO going company can maximise their subscriptions. “The next set of startups looking to tap the public market may get cautious and wait for the euphoria to return to the market,” said Aditya Kondawar, chief operating officer of JST Investments, a financial services platform. Public markets should give some time and observe new-age tech companies over the next two years,” said Ashish Dave, CEO at Mirae Asset Venture Investments (India), which has backed startups such as Zomato, Ola, and BigBasket. What a company should not forget is that fundamentals like revenue, profitability, business models, and fair pricing are core for any business. Other investors said private and public markets may not generalise a one-off event, but bankers may need to learn something: price IPOs reasonably, leave value for public market investors, and have a strong and easy-to-explain business model. Unlimited cash guzzling will not happen.” “People are going to be careful, the other private companies which are becoming unicorns have to basically become sustainable when they go to the market, or at least become near sustainable. “People who are writing these cheques have given these companies hope of capital but if they don't perform and execute, they will end up the Paytm way…,” this investor said. “If the largest fintech company in India goes public and hits the lower circuit on the first day, it is a negative signal.It will impact the private valuations even if it is not immediate,” said an investor, whose portfolio includes a startup that’s planning an IPO. When it raised $1 billion in 2019 and it sought a valuation of $20 billion at the time of its IPO. Noida-based Paytm was valued at $16 billion Pharmeasy, have already filed their IPO prospectuses and are expected to make their debuts next year. Several other startups, including logistics and supply chain provider It hasn’t worked well even in the US where new-age listings are struggling to keep their listing valuations,” Singh said. “This pricing with no regard to profitability is not something that the markets have an appetite for. Analysts said given its lack of a clear path to profitability, Paytm’s $20 billion valuation became hard to justify in the public markets.
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