Resurfacing a July 2021 move: Zomato IPO subscribed 1.05x on Day 1, led by retail investors
Zomato’s public offering was oversubscribed 1.05 times on the first day of bidding back in July 2021, with retail investors driving early demand.
Zomato’s IPO was subscribed 1.05 times on its first day, with retail investors driving demand.
Why this matters
This resurfaced July 2021 IPO signal repeats recent alerts that Zomato’s offering reached 1.05x subscription on opening day, led by retail investors.
The retail-company theme is accelerating, up 392333% QoQ.