Zomato IPO subscribed 1.05x on Day 1, with retail investors leading demand
Zomato’s initial public offering was subscribed 1.05 times on the first day of bidding, driven primarily by retail investor participation.
Zomato’s IPO was subscribed 1.05 times on the first day of bidding, with retail investors driving demand.
Why this matters
The signal matches recent resurfaced records of Zomato’s July 2021 IPO, each reporting 1.05x Day 1 subscription led by retail investors, showing renewed attention to the listing’s early demand.
The retail-company theme is accelerating, up 947,400% QoQ.