The Zomato initial public offering (IPO) has been subscribed times. The portion for retail investors was subscribed 7.45 times while that reserved for qualified institutional buyers was subscribed 51.79 times. It is likely to be listed on the 27th of July.
The company is raising Rs 9,000 crore which is the fourth largest issue in the last decade after Coal India, General Insurance Corporation and SBI Cards.
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