1 min read.Updated: 16 Jul 2021, 05:26 PM ISTLivemint
Zomato's IPO got fully subscribed on the first day of bidding, led by a good response from the retail investors
Zomato's initial public offering (IPO), which got fully subscribed on the first day of the bidding on Wednesday, was subscribed over 40 times today at the close of the subscription period, according to merchant bankers. As of 5 pm today, the qualified institutional buyer category was subscribed 55 times while the retail category about 8 times.
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