reeba zachariah partha sinha tnnmumbai the valuation of food delivery major zomato which is going public through an ipo with an indicative market capitalisation of around rs 60000 crore has been a topic of much discussion on social media with questions being raised if its really worth that muchpeople shared mixed views for some a techenabled company should be valued differently than a traditional one despite its losses for others the ipo is an opportunity for venture capital and private equity investors to offload their liability to retail investors then there are those that believe indian food tech companies will reflect valuations earned by global peers like doordash to a significant extentzomatos ipo is set to be open from july 14 to july 16 at a price band of rs 7276 the offer size is about rs 9375 croreinterestingly the zomato ipos valuation at about rs 60000 crore is equivalent to the combined market value of all the quick service restaurants qsrs listed on indian bourses its value is also more than the market value of all the listed hospitality chains operating in the country taken together this second list includes the behemoth like indian hotels that runs the iconic taj chain of hotels in india and abroad and also oberoi hotelsindia has half a dozen listed qsrs with a combined market value of more than rs 60710 crore and about 20 listed hospitality companies with an aggregate market capitalisation of nearly rs 44000 crorejubilant which operates the dominos pizza india franchisee westlife mcdonalds and indian hotels runs qmin gourmet food ordering app had introduced contactless delivery services after the diningout culture got impacted by the coronavirus crisis jubilant which said that over 90 of dominos deliveries are currently linked to online orders as compared to a few years ago is the most valued qsr stock at rs 41007 crore while indian hotels taj is the most valued hospitality company at rs 17589 crore see graphic qmin which taj launched last july is ramping up its coverage to 25 cities from 16 cities indian hotels chairman n chandrasekaran said at the companys annual shareholder meeting held last monthwhile the lossmaking zomato is seeking a rich valuation uniquely it is a delivery partner as well as a competitor to qsrs and hospitality chains its also facing some challenges from the panindia body of individual restaurants food service body nrai which represents more than five lakh restaurants in the country plans to launch its own foodordering app to take on zomato and other food tech platforms amid a growing dispute between them over discounting data masking and other alleged unfair business practicesindustrialist harsh goenka on twitter said can anyone explain to me top 20 hotels including global indian hotel brands total market cap rs 44000 crore top 6 qsr chains serving millions of consumers total market cap rs 60000 crore zomato continuing huge losses hold my vadapav market cap rs 60000 crorereplying to goenka nrai