Zomato IPO's 1.05x opening-day subscription resurfaces, recalling July 2021 debut
A resurfaced detail from Zomato's initial public offering shows it was subscribed 1.05 times on the first day of bidding back on July 14, 2021, with retail investors driving early demand.
Zomato’s IPO was oversubscribed 1.05 times on the first day of bidding, with retail investors leading demand.
Why this matters
The resurfaced IPO data adds historical context to Zomato's recent signals: Zomato and Blinkit helped 100,000 delivery partners file ITRs, while Zomato joined Nykaa on a retail-tech watchlist.
Retail-company signals are accelerating, up +199214% QoQ.