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

Shankar Sharma on Zomato IPO: Globally, if you look at Grubhub, which is a similar company to Zomato, that also didn#39;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

from Moneycontrol Market Outlook https://ift.tt/3kB0Q7n