Zomato Goes Public, Public Go Nuts: Food Delivery App's IPO Allotment Triggers Meme Fest On Social Media

Food delivery app Zomato has become our go-to for ordering meals online. Without it, most of us would be lost. Now, it is making headlines for opening up its IPO (Initial Public Offering) to the public.

The food delivery company is worth Rs 9,375 crores and anyone can buy the stocks of the same.

Zomato

For those who do not know, an Initial Public Offering or an IPO is a stock offering made by an entity on a public platform stock exchange for the very first time.

This means that it is up for grabs on a public platform. Those who want to buy the stocks have only three days to do so.

Zomato's IPO will be listed at the Bombay Stock Exchange and the National Stock Exchange on July 27.

Ever since the news broke on the internet, netizens took to social media to have a discussion on the same. While some were eagerly ready for the restaurant aggregator's IPO, others were quite confused.

Needless to say, #ZomatoIPO started trending on Twitter and the microblogging website was flooded with memes on the same.

Zomato is bringing its IPO.

Meanwhile Swiggy Delivery Boys to Swiggy-#ZomatoIPO pic.twitter.com/13rwU46him

¡ª India Trending (@IndiaTrendingin) July 14, 2021

Swiggy on call with Zomato:#ZomatoIPO pic.twitter.com/UQOAzk9D3S

¡ª Sadique Ali (@thesadiqueali) July 14, 2021

Random people on social media blabbering about @zomato's IPO (major FOMO)

Same people when asked about the full-form of IPO:

#ZomatoIPO pic.twitter.com/YSWwDomq8U

¡ª Saakshijain (@thecontentedge) July 14, 2021

Someone called me & asked

¡°If you place a food order on @zomato and buy the stock, you are financing the company stock. The increase in stock price will finance your food. Right?¡±#ZomatoIPO #Zomato pic.twitter.com/yEQeBJIy0G

¡ª Ashish Dave (@ashishdave) July 14, 2021

#zomatoipo
Companies everytime you apply for ipo allotment but didn't allot you pic.twitter.com/KQJc10lFLw

¡ª RAHUL (@_jain_sahab__) July 8, 2021

I will only apply #zomatoipo if they stop "dum dum payal payal" ad song on YouTube.

Please @zomato ? pic.twitter.com/5tlXWNJFCo

¡ª Krunal (@iamKruzZ) July 8, 2021

y'all I couldn't find any option to order #ZomatoIPO from the app pic.twitter.com/CpE4HRqFBm

¡ª Spenny (@spennyapp) July 8, 2021

Get ready for "If you didn't order that Biriyani and invested the Rs. 250 in Zomato stock, it would be worth Rs. 1,00,000". #ZomatoIPO

¡ª Dinesh Sairam (@Dinesh_Sairam) July 9, 2021

Investor, Traders, Founders & Startup guys today for #ZomatoIPO pic.twitter.com/dUAlL6L5Wr

¡ª Gaurav Agarwal ? (@itsgaurav009) July 14, 2021

#ZomatoIPO
Me waiting for getting allotment in any IPO pic.twitter.com/tMHh2evRNv

¡ª Dheeraj Jadhav (@corporatememer) July 14, 2021

#ZomatoIPO
Me after applying for zomato ipo instead of bank FD. pic.twitter.com/jrqGR4GjsK

¡ª Graphic Savvy (@GraphicsavvyK) July 14, 2021

#ZomatoIPO feels pic.twitter.com/coxRwqRHii

¡ª Mitul Jhaveri (@MitulJhaveri1) July 13, 2021

From a small start-up to a large cap ?#ZomatoIPO pic.twitter.com/bzL53GmLGv

¡ª Pratik Shetty (@shettypratik76) July 14, 2021

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