Resurfacing a July 2021 move: Zomato IPO drew 1.05x subscription on opening day, led by retail investors
Back in July 2021, Zomato's initial public offering was subscribed 1.05 times on the first day of bidding, with retail investors driving demand.
Zomato’s IPO was subscribed 1.05 times on the first day of bidding, with retail investors leading demand.
Why this matters
Related resurfaced signals also report Zomato's IPO reaching 1.05x subscription on Day 1, with retail investors leading demand, reinforcing the same July 2021 market event.
Retail-company is accelerating, up +201029% QoQ.