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India's first internet company to go public

Discussion in 'General Business' started by seodelhi, Oct 30, 2006.

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  1. #1
    Internet has truly come off age in India. So much so that for the first time in India's history a .com company is going public. The company is called Info edge which owns job site naukri.com, matrimonial site - jeevansathi.com and real estate site - 99acres.com

    The issue has already been subscribed 3 times on day one... wonder what will happen with forthcoming issues of Indiatimes and shaadi.com
     
    seodelhi, Oct 30, 2006 IP
    Jat likes this.
  2. gotkloud

    gotkloud Well-Known Member

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    #2
    Good news!
     
    gotkloud, Oct 30, 2006 IP
  3. Correctus

    Correctus Straight Edge

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    #3
    Controversy Solved

    IT
     
    Correctus, Oct 30, 2006 IP
  4. sachin410

    sachin410 Illustrious Member

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    #4
    The issue is expensive and has a PE of 65 for FY2006 at the upper band of the price range . However it can deliver strong growth in next few quarters. High risk - high return play.

    I am definitely subscribing.
     
    sachin410, Oct 30, 2006 IP
  5. seodelhi

    seodelhi Active Member

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    #5
    Who told you this...???

    This company was started in a car garrage. It is being funded by ICICI ventures, the firm which invested in google has also invested in them.

    They have come a long way.
     
    seodelhi, Oct 31, 2006 IP
  6. Correctus

    Correctus Straight Edge

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    #6
    Controversy Solved

    IT
     
    Correctus, Oct 31, 2006 IP
  7. seodelhi

    seodelhi Active Member

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    #7


    Read it and open your eyes, it will tell you who is misinformed.
    http://www.contentsutra.com/entry/naukri-ipo-to-raise-37-million-issue-opens-on-october-30/
     
    seodelhi, Oct 31, 2006 IP
  8. axemedia

    axemedia Guest

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    #8
    Google was a garage company when they went looking for VC money. So was YouTube.
     
    axemedia, Oct 31, 2006 IP
  9. max pain

    max pain Notable Member

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    #9
    Looks like garage is a nice place to start ventures if you want em to grow big ;)
     
    max pain, Oct 31, 2006 IP
  10. amitpatel_3001

    amitpatel_3001 Results Follow Patience

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    #10
    want to partner with me in starting a new garage? :eek: :eek:
     
    amitpatel_3001, Oct 31, 2006 IP
  11. seodelhi

    seodelhi Active Member

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    #11
    LOL!

    I can join you as a partner, but do you have an idea that will make the next google, youtube or naukri.
     
    seodelhi, Oct 31, 2006 IP
  12. amitpatel_3001

    amitpatel_3001 Results Follow Patience

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    #12
    I guess everyone has ideas but need them to make them perfectly live, which requires a big team and decent investment in the beginning.
     
    amitpatel_3001, Oct 31, 2006 IP
  13. seodelhi

    seodelhi Active Member

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    #13
    Did not you read above, all these 3 companies were started in a garrage with a single computer, then why do you need a big team and investment.

    All one need is a solid idea, strong will power and a desire to excel.
     
    seodelhi, Oct 31, 2006 IP
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  14. amitpatel_3001

    amitpatel_3001 Results Follow Patience

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    #14
    I did read it and i hope everyone of us have crossed the garrage level, we are in the next level now ;) where we need to make the dream ideas live :)
     
    amitpatel_3001, Oct 31, 2006 IP
    sachin410 likes this.
  15. max pain

    max pain Notable Member

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    #15
    Well we have crossed over the garage level to a "bigger" garage level :) where we can easily park our cars and allot pc's/systems to our employees :D
     
    max pain, Oct 31, 2006 IP
  16. invincible.vib

    invincible.vib Peon

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    #16
    well there are lots of garage companies...but only 0.01% of them grow like google!
     
    invincible.vib, Oct 31, 2006 IP
  17. inworx

    inworx Peon

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    #17
    When will it come in Gwalior, M.P.

    Also Reliance Infocomm is also private...

    It too! give Internet service
     
    inworx, Oct 31, 2006 IP
  18. max pain

    max pain Notable Member

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    #18
    Well 0.01 includes amits and my garage ;) so join now
     
    max pain, Oct 31, 2006 IP
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  19. Correctus

    Correctus Straight Edge

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    #19
    Uhh dude... not sure what to say but where does it specify that the company was a Garage company? or started off as one?

    IT
     
    Correctus, Oct 31, 2006 IP
  20. Theozard

    Theozard Active Member

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    #20
    hey you guys buying these shares?I stay in bombay, dont really know about shares etc.How will i get these shares.Bombay stock exchange?
     
    Theozard, Oct 31, 2006 IP
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