Zomato IPO Oversubscribed 1.05x on Day 1, Retail Investors Drive Demand
Zomato's IPO saw overall subscription of 1.05 times on its opening day, with retail investor bids outpacing institutional and HNI categories, signaling strong public interest in India's quick-commerce and food-delivery leader.
Zomato's IPO was oversubscribed 1.05 times on Day 1, with retail investor demand outpacing other investor categories during the bidding window.