The success of Zomato’s IPO has raised hopes for new age companies that are focused more on achieving scale than bottom line. ![]() Zomato’s Rs 9,375-crore IPO this year was the biggest public offering in more than a decade. The Rs 16,600-crore offer will make Paytm IPO the largest listing after public sector miner Coal India’s Rs 15,990 crore IPO in 2010 and Reliance Power in 2008.
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