Zomato IPO subscribed 1.05x on Day 1, with retail investors leading demand

Zomato’s public offering was subscribed 1.05 times on the first day of bidding, driven primarily by retail investor participation.

— Filed Tue, 21 Jul, 2026, 03:46 IST · Source Inc42 · Quick Commerce · Updated

Zomato’s IPO was subscribed 1.05 times on its first day, with retail investors leading demand.

Why this matters

The Day 1 IPO demand follows recent signals placing Zomato among retail-tech stocks in focus as India’s retail market reaches ₹215 trillion, reinforcing investor attention on the company.

The retail-company theme is accelerating, up 933700% QoQ.