Resurfacing a July 2021 Move: Zomato IPO Was Oversubscribed 1.05x on Day 1, Retail Investors Drove Demand
Resurfacing a July 14, 2021 development: Zomato's initial public offering saw 1.05 times subscription on its first day, with retail investor interest leading the charge, according to Inc42. Category-wise breakdowns remain undisclosed.
Zomato's IPO was oversubscribed 1.05 times on Day 1, driven largely by retail investor demand, per Inc42's report, though detailed category-wise subscription figures were unavailable.