Zomato IPO opens subscription on July 14: Early investors showed up on historic day
The initial public offering of Zomato, one of the leading food service platforms in India, was subscribed 1.05 times on July 14, the first day of bidding, so far.
Online food delivery platform, Zomato has launched its IPO on July 14. It is the country’s first initial public offering (IPO) by an Internet company, and everyone is rooting for Zomato and its co-founder Deepinder Goyal. (Image: Twitter @sbikh)
Zomato co-founder Deepinder Goyal with businessman Sanjeev Bikhchandani and Mohit Bhatnagar on the first day of the IPO launch. Zomato IPO is generating a lot of interest given the first mover advantage in the space, large opportunity size and strong growth prospects. (Image: Twitter @sbikh)
The initial public offering of Zomato, one of the leading food service platforms in India, was subscribed 1.05 times on July 14, the first day of bidding.