Resurfacing a July 2021 move: Zomato IPO was subscribed 1.05× on Day 1, with retail investors driving demand
Back in mid-July 2021, Zomato's initial public offering was subscribed 1.05 times on the first day of bidding, led by participation from retail investors.
Zomato’s IPO was subscribed 1.05 times on its first day, with retail investors driving demand.
Why this matters
This resurfaced July 2021 event mirrors recent Zomato signals on its 1.05× Day 1 IPO subscription and retail investors leading demand.
The retail-company theme is accelerating, up 219333% quarter over quarter.