Resurfacing a July 2021 move: Zomato IPO saw 1.05× subscription on Day 1, led by retail investors
Old news resurfacing: Zomato’s public issue was subscribed 1.05 times on the first day of bidding back in July 2021, with retail investors accounting for the strongest early demand.
Zomato’s IPO was subscribed 1.05 times on the first day of bidding, with retail investors driving demand.
Why this matters
The resurfaced July 2021 update matches recent signals reporting that Zomato’s IPO reached 1.05× subscription on opening day, led by retail investor demand.
Retail-company signals are accelerating, up +944700% QoQ.