Resurfacing a July 2021 Milestone: Zomato IPO Was Oversubscribed 1.05x on Day 1, Led by Retail Investors
Resurfacing a move from July 2021: Zomato's public share offering drew 1.05 times subscription on the first day of bidding, powered chiefly by strong retail investor demand for the food delivery major's listing.
Zomato's IPO was oversubscribed 1.05 times on the first day of bidding, driven primarily by strong retail investor interest in the food delivery company's public share offering.