Zomato IPO subscribed 1.05x on Day 1, led by retail investors

Zomato’s initial public offering was oversubscribed 1.05 times on the first day of bidding, with retail investors driving demand.

— FiledTue, 15 Sept, 2026, 04:32 IST·First seen Tue, 15 Sept, 2026, 04:31 IST·Source Inc42 · Buzz

What happened

Zomato’s IPO was oversubscribed 1.05 times on the first day of bidding, with retail investors driving demand.

Key facts

  • 1.05 times oversubscribed

Why this matters

Zomato’s retail-backed IPO reception reinforces public-market appetite for scaled food-delivery platforms, potentially improving strategic financing and deal benchmarks across the sector.

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