Resurfacing a July 2021 Move: Zomato's IPO Was Subscribed 1.05x on Day 1, Retail Investors Led Demand

Back in July 2021, Zomato's public offering saw retail investor interest outpace institutional bids on its opening day, signaling strong consumer confidence in India's food-delivery leader at the time.

— Filed Mon, 20 Jul, 2026, 13:02 IST · Source Inc42 · Quick Commerce · Updated

Zomato's IPO was subscribed 1.05 times on Day 1, primarily driven by retail investor demand, per Inc42 report dated July 14, 2021.