Zomato may list as early as Friday, July 23

Mumbai: Food-delivery and restaurant-discovery platform Zomato Ltd. is expected to advance its listing date from July 27 to July 26 or as early as July 23, two people familiar with the matter told ET, in what is among the largest public issues in India.

“The listing may be as early as Friday…however, there are multiple processes which are yet to be closed,” said a person in the know. Zomato’s previous listing date was July 27.

Last week, Zomato’s initial public offering (IPO) was subscribed 40.38 times, generating demand of Rs 2.13 lakh crore, the most in 11 years and the third highest in Indian capital market history. The IPO opened on July 14 and closed on July 16.