Resurfacing a July 2021 milestone: Zomato IPO was subscribed 1.05x on day one, led by retail investors
Zomato’s initial public offering was subscribed 1.05 times on the first day of bidding back in July 2021, with retail investors driving demand, according to Inc42.
Zomato’s IPO was subscribed 1.05 times on its first day, with retail investors leading demand.
Why this matters
The milestone aligns with related resurfaced signals noting Zomato’s IPO crossed full subscription on Day 1 and drew 1.05x demand, led by retail investors.
Retail-company signals are accelerating, up 163778% QoQ.