Zomato IPO Subscribed Over 38 Times On Final Day Of Issue

Zomato's ₹ 9,375 crore initial public offering (IPO) is subscribed 38.25 times so far on the third and final day of the issue, according to subscription data on the exchanges. The IPO of the leading online food delivery service provider opened for investors on Wednesday, July 14 for a period of three days. Zomato's shares are in high demand among qualified institutional buyers today, while retail individual investors showed tepid int...