Zomato Ipo Fully Subscribed On Day 1; Retail Investor Portion Oversubscribed 1.65 Times - The Financial Express

by financialexpress.com posted 2weeks ago 1 views
Zomato IPO: Zomato’s much-awaited initial public offering has been fully subscribed by investors on the first day of bidding. : Zomato’s much-awaited initial public offering has been fully subscribed by investors on the first day of bidding. So far the IPO has been subscribed 1.07 times, led by retail investors who have oversubscribed their portion of the issue. The Rs 9,375 crore IPO opened for subscription today morning after having raised Rs 4,200 crore from anchor investors. Investors can still bid for the public issue at the set price range of Rs 72-76 per share, till Friday evening.

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