Zomato IPO Oversubscribed 1.05x On Day 1, Retail Investors Lead Demand
Zomato's landmark IPO opened July 14, 2021 and was fully subscribed on day one at 1.05 times, driven largely by retail investors. The food-delivery major's public listing marks a watershed moment for Indian consumer tech and quick commerce.
Zomato's IPO was oversubscribed 1.05 times on day one, driven largely by retail investors. The food-delivery major's offering opened July 14, 2021, marking a landmark public listing for Indian consumer tech and quick commerce.