As per market regulator Sebi's rule, the company which does not have promoters, the equity share capital held by the company before initial public offer (IPO) is locked for a period of one year from the date of allotment of shares. During this period, these shareholders are barred from selling any equity.

Shares of Zomato entered bourses on 23 July 2021. The scrip was listed at a price of Rs 115 each, at a premium of 51.32% to the issue price of Rs 76 per share. The IPO of online food delivery platform Zomato was subscribed 38.25 times. The issue opened for bidding on 14 July 2021 and closed on 16 July 2021. The price band of the IPO was fixed at Rs 72-76 per share.

Ahead of the IPO, the online food delivery and restaurant discovery platform raised Rs 4,197 crore from 186 anchor investors 13 July 2021. The company allotted 55.22 crore equity shares to anchor investors for Rs 76 per equity share. Out of the 55.22 crore shares allocation, 18.41 crore shares were allotted to 19 domestic mutual funds such as SBI, Axis, Aditya Birla, Kotak, Mirae, Motilal, UTI, Nippon India, HDFC, IIFL, Sundaram, Tata, and Principal, among others.

Zomato offers services like restaurants discovery and reviews, home delivery of food, online table reservation, and digital payments when dining out. It also works with restaurant partners to provide tools that enable them to engage and acquire more customers while empowering them with a last-mile delivery service and a one-stop procurement solution – Hyperpure, for ingredients and kitchen products.

On a consolidated basis, Zomato's net loss widened to Rs 359.70 crore in Q4 March 2022 compared with net loss of Rs 134.20 crore in the corresponding quarter last year. Revenue from operations came in at Rs 1,211.80 crore, rising 75.01% compared to Rs 692.40 crore in the same quarter last year.