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CS Jigar Shah  Profile picture
CS Jigar Shah 
@FCSJigarShah
UNIQUE, like everyone else ESG & CSR Professional, Startups, Cricket & Traveling #CSTwitter Views Personal, obviously.
Jul 27, 2021 • 12 tweets • 10 min read
Are #Startup valuation any way justified?

Closing price of #Zomato on #BSE today was Rs. 132.60 at this price, Market cap of Zomato (Total valuation of Company) is at Rs. 1,04,027 Crores. Which means #Zomato is already in top 50 Companies of India market cap wise (1/n) Source: BSE India #GodrejConsumer which was listed on 18-06-2001 and having a track record of giving constant profit for atleast 10 years (screener.in/company/GODREJ…) is valued just below #Zomato. despite comparatively much stronger performance and track record of Profit and Dividend (2/n) Source: BSE IndiaSource: https://www.screener.in/