Zomato IPO crosses full subscription on Day 1, led by retail investors
Zomato’s initial public offering was subscribed 1.05 times on the first day of bidding, with retail investors driving early demand for the food-delivery platform’s public-market debut.
Zomato’s IPO was subscribed 1.05 times on its first day, with retail investors leading participation.
Why this matters
The signal revisits Zomato’s July 2021 IPO milestone, following recent resurfacing signals on its 1.05× Day 1 subscription and retail-led investor demand.
retail-company is accelerating, up 163889% QoQ.