Zomato shares to list early on Friday, will they deliver bumper listing gains?

The IPO, which will give Zomato a valuation of Rs 64,365 crore, is being touted as the second-biggest since SBI Cards and Payment Services' Rs 10,341 crore issue in March 2020. 

New Delhi: Online food ordering platform Zomato, which last week closed its mega initial public offering raising over Rs 9,000 crore, will list on the stock exchanges on Friday, days ahead of its earlier schedule of the next week. The firm had indicated a window from July 23 to July 27 for listing and has now decided to list on Friday, a source said. "Effective from Friday, July 23, 2021, the equity shares of Zomato Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities," the BSE said in a notice.