There was humongous craze of some of the IPOs which came last year like Paytm, Zomato,Policybazar etc. But the primary concern was always high valuations of these loss making startups. In the meantime from November 2021 these companies have eroded great wealth of their investors.
I made an index to track performance of so called web or app based aggregators. Say we are in year 2035 and some of these companies are producing huge profits and have become giant entities. This index will track the stock performances of these companies.
I have kept the base price of Index at ₹1500 and base date as 6 May 2022.
As it is clear from the chart they have underformed nifty by almost 40%. But that is in past and let us see how they perform in future.
Company name its weightage in index and buying price is shown below. E.g. Nykaa have been allocated ₹300 out of ₹1500 and matrimony.com have been allocated ₹30 in the index.
Nykaa 20% @₹1539
Naukri 20% @₹3898.05
Zomato 15% @₹60.50
Paytm 15% @₹568
Policybzr 10% @₹617
Indiamart 7% @₹4418.7
Easy trip 7% @₹385
Justdial 4% @₹751.45
Matrimony 2% @₹737
I made an index to track performance of so called web or app based aggregators. Say we are in year 2035 and some of these companies are producing huge profits and have become giant entities. This index will track the stock performances of these companies.
I have kept the base price of Index at ₹1500 and base date as 6 May 2022.
As it is clear from the chart they have underformed nifty by almost 40%. But that is in past and let us see how they perform in future.
Company name its weightage in index and buying price is shown below. E.g. Nykaa have been allocated ₹300 out of ₹1500 and matrimony.com have been allocated ₹30 in the index.
Nykaa 20% @₹1539
Naukri 20% @₹3898.05
Zomato 15% @₹60.50
Paytm 15% @₹568
Policybzr 10% @₹617
Indiamart 7% @₹4418.7
Easy trip 7% @₹385
Justdial 4% @₹751.45
Matrimony 2% @₹737