Resurfacing Zomato's July 2021 ₹9,375 Cr IPO: Day 1 Oversubscribed 1.05x, Retail Investors Led Demand
Recalling the July 2021 IPO where retail portion booked 2.83x while NII (0.30x), employee (0.06x) and QIB (0.02x) segments lagged ahead of institutional bidding, price band ₹72-76, implying $8.6 Bn valuation with ₹375 Cr OFS from Info Edge.
Zomato's ₹9,375 Cr IPO oversubscribed 1.05x on day one, led by retail investors; institutional demand still pending ahead of July 16 close and July 27 listing.