Zomato IPO sails through on day 1, retail investors quota subscribed 2.65 times

Thanks to a strong retail response and a support from institutional investors, the Rs 9,375 crore Zomato IPO saled through on the first day of bidding. By 4.30 pm, the issue had attracted bids for 74,79,51,360 shares, which was 104 per cent of the issue size of 71,92,33,522 shares.

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