ADVERTISEMENT
Zomato's IPO Subscribed 5.07 Times On Day 2
Here are the latest subscription updates from day 2 of the Zomato IPO.
15 Jul 2021, 08:01 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
![NDTV Profit](/icons/timer.svg)
![<div class="paragraphs"><p>Food delivery riders for Zomato wait to collect orders. (Photographer: Dhiraj Singh/Bloomberg)</p></div>](https://media.assettype.com/bloombergquint%2F2021-07%2Fa64c61f2-ebca-4b3f-8d77-13d7935e7a28%2F356654573__1_.jpg?rect=0%2C0%2C3998%2C2249&auto=format%2Ccompress&w=200)
Food delivery riders for Zomato wait to collect orders. (Photographer: Dhiraj Singh/Bloomberg)
Retail and institutional investors continued to bid for shares of Zomato Ltd. on the second day of subscription of its initial public offer.
The online food delivery platform, the first such company in India to go public, is eyeing a market value of Rs 59,623 crore through the Rs 9,375-crore IPO.
Prior to the initial share sale, Zomato raised Rs 4,196.5 crore from 186 anchor investors. The issue will close on July 16.
ALSO READ
Zomato IPO: All You Need To Know
Opinion
Zomato IPO: All You Need To Know
Subscription Details: Day 2
Zomato was subscribed 5.07 times as of 5:00 p.m. on July 15.
Institutional subscription: 7.46 times
Non-institutional subscription: 0.48 times
Retail subscription: 4.99 times
Employees: 0.36 times
Research Reports On Zomato IPO
Opinion
Zomato IPO: Hey Investor, Are You Green Behind The Ears? Should You Invest?
ADVERTISEMENT