Zomato IPO subscribed 1.05x on day one, led by retail investors
Zomato’s initial public offering was subscribed 1.05 times on the first day of bidding, with retail investors driving early demand for the food-delivery platform’s public-market debut.
Zomato’s IPO was subscribed 1.05 times on the first day, with retail investors leading demand.
Why this matters
The signal resurfaces Zomato’s July 2021 IPO opening, matching prior signals on its 1.05x Day 1 subscription and retail-led investor demand.
Retail-company signals are accelerating, up 385767% QoQ.
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