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.