Zomato IPO Oversubscribed 1.05x on Day 1, Led by Retail Investors
Zomato's IPO crossed full subscription on the first day of bidding at 1.05 times, powered primarily by strong retail investor demand for their allotted portion.
Zomato's IPO was oversubscribed 1.05 times on the first day of bidding, driven primarily by strong participation from retail investors subscribing to their allotted portion.
Why this matters
Multiple signals confirm Zomato's IPO crossed full subscription at 1.05x on Day 1, with retail investors consistently cited as the primary driver of demand across all reports.
Retail-company theme is accelerating, up +799200% QoQ.