Zomato IPO fully sold on Day 1 in retail rush

https://ift.tt/3rchWcM While the retail portion of the offer was subscribed 2.7 times, the institutional part was nearly subscribed fully, the high networth (non-institutional) part 13% and the part reserved for employees 18%, data on BSE showed. Overall the total IPO was subscribed 1.05 times.

https://ift.tt/eA8V8J from Times of India https://ift.tt/3rchWcM