Zomato IPO subscribed 1.05x on Day 1 as retail investors lead demand
Zomato’s public issue was subscribed 1.05 times on its opening day, with retail investors driving early demand for the food-delivery platform’s market debut.
Zomato’s IPO was subscribed 1.05 times on its first day, with retail investors leading demand.
Why this matters
The result matches recent signals on Zomato’s 1.05x Day 1 subscription and the resurfacing of its July 2021 retail-led IPO demand.
Retail-company signals accelerated +202357% QoQ.