Zomato IPO Shares Allotment Declared

Zomato the food delivery firm was subscribed 38.25 times over the 71.92 crore shares that were on offer during the subscription period from July 14-16, 2021. The price band was fixed at Rs 72-76 per share.

Zomato IPO received bids of over 2,751.27 crores (27,51,27,77,370) shares against the total issue size of over 71.92 crores (71,92,33,522) shares, data available with the National Stock Exchange (NSE) showed.