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Zomato's IPO: Add to Cart or Wait it Out?

Should you dig into your wallet and invest now when it is low or hold on to see if this is only a listing boom?

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Zomato on 14 July made a special delivery of its first initial public offering or IPO and attracted 1.05 times the issue size on the very first day.

You heard that right, a company that began as a restaurant discovery platform before turning into a full-scale food delivery company with presence in over 500 cities, made history by becoming the first Indian 'unicorn' to launch a domestic IPO.

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