Zomato IPO: Investors Lap Up Stock Offering With Bids of $46 Billion, Got Oversubscribed 38 Times in a Day

Zomato stock offering drew bids worth $46.3 billion (roughly Rs. 3,46,845 crores) as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.

source https://gadgets.ndtv.com/apps/news/zomato-ipo-stock-price-share-subscribe-bids-usd-46-billion-oversubscribe-38-times-2488549#rss-gadgets-all

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