The Zomato journey began in 2008, not as a delivery platform but as a restaurant discovery website. Initially, the company would take pictures of menu cards at restaurants and post it on their website. The idea quickly gained traction, and Zomato expanded across India. In 2013, Zomato ventured into online food ordering. This marked a pivotal shift, propelling Zomato towards its current dominance in a market-duopoly, with the other player being Swiggy. In July 2021, Zomato’s highly anticipated IPO hit the Indian stock exchanges. IPO Boom and Bust: Zomato’s debut was spectacular, soaring 66% above its issue price of ₹ 76 per

Indian Railway Finance Corporation (IRFC) is a bridge between two parties – the Indian Railways and investors. The railways needs money to buy new trains, build new tracks and maintain the railway network. The budget allocated by the government does not cover the cost of this. Enter IRFC, which raises funds by issuing bonds and other financial instruments to investors. The investors get a fixed rate of interest, while the IRFC uses the borrowed money to lease new trains, tracks, and equipment to the Indian Railways. The Indian Railways then pays IRFC monthly lease rentals for using the equipment. This, in simple words,

Tata Power, founded more than a century ago in 1915 by Dorabji Tata, is part of the Tata Group – one of the largest and oldest conglomerates in India. The company generates, transmits, distributes, and trades electricity, among other power industry segments. Tata Power also manufactures solar roofs and has plans to build more than 100,000 Electric Vehicle (EV) charging stations by the year 2025. Coming to the Tata Power share price, let us rewind back to the 90s. The entire decade was a stagnant one. The stock only began moving in the early 2000s with Tata Power doing well in the

Established in the year 1988, Zydus Wellness is a wellness company with brands that are household names in India. Glucon-D is the market-leader in glucose powders in India, with a market share of more than 60%. The company has outright monopoly in the ‘sugar substitute’ space with 96% market share – leaving no space for a competitor. Zydus Wellness also has iconic brands like Complan (protein milk powder), Nycil (prickly heat powder), Everyuth, Sugarlite and Nutralite (Diary). Over the years, the company has combined healthcare, nutrition and cosmeceutical products to provide quality wellnessproducts for its Indian and global customers. Long term investors

Mahanagar Gas (MGL) is a natural gas distribution company, which currently operates in Mumbai, Thane, Raigad and parts of Navi Mumbai. The company caters to households, businesses and industrial units. MGL has a vast network of over 5000 kilometers of pipelines, ensuring reliable delivery of natural gas to its customers. The company is a joint venture between Gail India Limited and the Government of Maharashtra. MGL was listed at the stock exchanges in the year 2016. There was good interest surrounding the IPO, more so since it came during 2016-17 when the market witnessed a major small and mid-cap rally. From IPO

Olectra Greentech is an Hyderbad-based company involved in two sectors – the manufacturing of electric buses and composite polymer insulators. The company was founded in the year 2000 and holds the distinction of being India’s first electric bus manufacturer. Olectra Greentech also manufacturers electric trucks and trippers – along with providing charging infrastructure and technical maintenance services. The company has quite a history of changing business interests. It started as ‘Goldstone Teleservices Limited’, with business interests in the teleservices sector. In 2007, the company was renamed to ‘Goldstone Infratech Limited’. And finally in the year 2017, the company got its current name

Can Fin Homes is a housing finance company based in India. It was established in the year 1987 by Canara Bank, with the aim of promoting ownership of homes in the country. The company provides housing finance, non-housing loans and has depository schemes. The historical share price of Can Fin Homes has been a mixed bag. The 20 year period between 1993 to 2013 was a test of patience for shareholders. The small and mid cap rally after the Narendra Modi government was elected in 2014 – saw the share price of Can Fin Homes rise more than 1600% in 3 years

Nestle India is one of the largest players in India’s fast moving consumer goods (FMCG) sector. They mainly deal with food, beverages, chocolate, confectioneries and supplements. Nestle Maggi noodles is their best selling products, and a major contributor to its revenue. The Nestle story in India dates back to the year 1912, more than 3 decades before the country’s independence. The company started by mainly dealing with importing and selling finished products in the Indian market. After India’s independence in 1947, the country’s new economic policies stressed heavily on local production, leading Nestle to start manufacturing in India. It set up its

Unit Trust of India Asset Management Company (short form UTI AMC) came into existence with the combined efforts of the State Bank of India, Bank of Baroda, Life Insurance Of India, and Punjab National Bank in 2002. As the name quite clearly suggests, UTI AMC manages financial assets of its clients through mutual funds, portfolio management services and also provides retirement planning services. In short: The IPO of UTI AMC took place in September 2020 – months after the Covid stock market crash and during the bull market that followed April 2020 onwards. The IPO was priced at ₹ 554. It listed