Zomato IPO's 1.05x opening-day subscription, led by retail investors, resurfaces from July 2021
Resurfacing a July 2021 milestone: Zomato's initial public offering was subscribed 1.05 times on its first bidding day, July 14, 2021, with retail investors driving early demand.
Zomato’s IPO was oversubscribed 1.05 times on its first bidding day, with retail investors driving demand.
Why this matters
This resurfaced July 2021 milestone aligns with recent signals noting Zomato's IPO reached 1.05x subscription on Day 1 and that retail investors led demand.
Retail-company signals are accelerating, up 165122% QoQ.
Also reported by
- Inc42 · Quick Commerce — Same time