Zomato IPO Oversubscribed 1.05x On Day 1, Led By Retail Investors
Zomato's IPO drew strong early demand, crossing full subscription on the first day of bidding when it opened July 14, 2021. Retail investors led the charge, signaling robust appetite for India's marquee foodtech listing.
Zomato's IPO was oversubscribed 1.05 times on the first day of bidding, driven largely by retail investors, with the offering opening for subscription on July 14, 2021.
Why this matters
Reinforces early momentum around Zomato's IPO, echoing repeated signals of 1.05x Day 1 oversubscription with retail investors driving demand for the foodtech listing.
Retail-company signals accelerating, up +827300% QoQ.