InvestorQ : How big will be the digital IPO share in the market cap and are there are more digital IPOs on the way?
Dawn Cherian made post

How big will be the digital IPO share in the market cap and are there are more digital IPOs on the way?

Answer
image
NISHA Nayak answered.
2 months ago
Follow

By the next 4-5 months, we could have a situation when digital market could be a big chunk of the market. Let me give you an example. Paytm will have a starting market cap of $18.6 billion, Nykaa and Policybazaar of $6 to $7 billion ways. That means we start off with these 3 companies having combined market cap of $32 billion. If you add $12 billion of Zomato, we are going to $44-50 billion of digital market cap by the middle of November this year.

Then there are some real big names that are still in the queue. For example, MobiKwik will be coming to the IPO market soon enough but that is just the start. More valuable players like Swiggy, Ola, Oyo Rooms, Flipkart and Byju’s are in anvil. These 5 companies are worth more than $65 billion and so the digital market by then will go up to $120-140 billion depending on the post listing trading value. Next few months could be all about digital IPOs.
0 Views