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Июль
2021

Zomato likely to make strong debut today; shares may surge up to 30%

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Zomato got the highest subscription among IPOs which have raised over Rs 5,000 crore in the last 13 years. The Rs 9,375-crore IPO was subscribed 38.25 times when it was open for subscription between July 14 and July 16. The portion reserved for qualified institutional buyers was subscribed 51.8 times while the HNI and retail category got subscribed 33 times and 7.45 times, respectively.



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