Mobis Philipose
Stories by Mobis Philipose
Zomato IPO shows public investors can be more zealous than PEs in driving up valuations
Zomato has a post-IPO valuation of $14.2b, while Swiggy was recently valued at $5.5b.
What valuations can a struggling airline expect? We’ll know with Go Airlines’ India IPO
IndiGo has announced plans to raise $409m through a QIP, which may reduce appetite for the IPO.
First peek at Indian unicorn Zomato’s key financial ratios ahead of its IPO
Zomato's contribution margin has turned positive since the first quarter of FY21.
PE firm Blackstone’s change of tact with Mphasis sale to please investors
Blackstone has placed a buy order for a 26% stake in the firm through an open offer to minority shareholders.
Will Amazon’s food delivery ambitions dampen Zomato’s Indian IPO plans?
Investors may give Zomato the benefit of the doubt, given Amazon’s food delivery failure in the US.
PE firm Blackstone joins Baring in wait to exit profitable Indian IT investment
Five years after Blackstone bought a stake in Mphasis, it is sitting on profits of 300% on investment.
India: PE firm Silver Lake’s valuation for Reliance Retail is not gold-plated
Silver Lake’s value for RRVL looks lower than what investors are factoring in RIL’s current share price.
Jio Platforms nears finishing line of pre-IPO fundraising target
All eyes are now on the much-awaited potential Jio Platforms initial share sale.
SpiceJet stock rise shows investors are banking on bailout
SpiceJet shares' rise suggests its shareholders aren’t quite worried about the government or a fund created by it getting a large equity stake.
Analysts unfazed by Singtel’s move to give up half its shares in Airtel rights issue
Singtel’s stake in the company will fall to 35.2% after the Airtel rights issue, from 39.5% currently.
