Zomato IPO Oversubscribed 1.05x On Day 1, Led By Retail Investors
Zomato's public issue crossed full subscription on its opening day, with retail investor demand driving the 1.05x figure as the food delivery firm launched one of India's marquee tech IPOs.
Zomato's IPO was oversubscribed 1.05 times on its first day, driven mainly by retail investor demand as the food delivery firm opened its public subscription.