Zomato IPO Oversubscribed 1.05x On Day 1, Retail Investors Lead Demand
Zomato's IPO drew full subscription on the opening day of its three-day offer, with retail investors driving the 1.05x demand for the food delivery company's public listing.
Zomato's IPO was oversubscribed 1.05 times on day one of its three-day offer, led by strong retail investor demand for the food delivery company's public listing.
Why this matters
Zomato's ₹9,375 Cr IPO reached full subscription on day one, with retail investors leading the 1.05x demand, signaling strong early appetite for the food delivery company's listing.
Retail-company signals accelerating at +830800% QoQ.