Three breakfasts and an IPO
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Despite its CEO’s nerves, Zomato's Rs 9,375-crore
IPO sailed through the first day of bidding yesterday, thanks to a strong retail response and support from institutional investors.
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Retail investors devour Zomato shares on day 1 of IPO
Yesterday, which began with Zomato’s chief executive Deepinder Goyal ordering three breakfasts, ended with his company’s share issue subscribed 1.05 times on the first day of its historic IPO, the first domestic listing by an Indian startup unicorn.