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Thursday, July 15, 2021

Zomato IPO oversubscribed 4.8 times on day 2

Online food delivery platform Zomato's Rs 9,375 crore initial public offering was oversubscribed 4.8 times on the second day on Thursday as retail investors continued to pour in bids. Zomato got bids for 344.76 crore shares against 71.92 crore shares on offer, stock exchange data showed.

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