corporate_majdur

What did Zomato employees did?

Swiggy is planning to go public soon and has offered to exercise our ESOPs at a certain valuation. This is not a buyback, so we will have to pay taxes on the exercised shares. Is it worth exercising now or should I wait for the IPO? I will only gain from this if the IPO price is higher than the exercise price, otherwise I will end up paying more tax. Did Zomato have a similar offer before its IPO? If so, what was the best option for its employees?

8mo ago

Doofus

InMobi8mo

Sentiment for zomato in the markets have finally improved so can expect a good IPO for Swiggy. Especially if they do it in the next two quarters.

Do check if you have to wait for a year to get gains from IPO

AmusedPM

Flipkart8mo

Why won’t people just buy Zomato. Why invest in Swiggy

corporate_majdur

Swiggy8mo

I'm not talking about post IPO. I want to know if it has increased or decreased right before IPO.

Basically if I exercise now I'll have to pay X amount of tax based on current valuation. If the valuation increases before IPO then that would be gain for me. But if the valuation decreases while filing for IPO then I'd already paid more tax.