Zomato IPO Oversubscribed 1.05x On Day 1, Led By Retail Investors
Zomato's public listing drew strong early demand, crossing full subscription on its first day. Retail investors led the charge, with their bids exceeding the total shares on offer, signaling robust appetite for the food-delivery major's debut.
Zomato's IPO was oversubscribed 1.05 times on Day 1, driven largely by retail investors whose subscriptions crossed the total shares on offer, signaling strong early demand for the food-delivery major's public listing.
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