Zepto Gets Sebi Nod for IPO; Issue Size Pegged at Rs 8,000-9,000 Crore: Sources

Zepto gets Sebi nod for IPO; issue size pegged at Rs 8,000-9,000 crore: sources

Quick commerce firm Zepto has secured Sebi's nod for its initial public offering, paving the way for an updated draft prospectus in the next two months. The Bengaluru-based startup aims for a substantial IPO, potentially between Rs 11,000-12,000 crore, largely through a primary issuance.

Zepto secures SEBI approval for a potential $1.2Bn IPO: Report

India’s quick-commerce startup Zepto has reportedly received SEBI approval for its upcoming IPO. The company is expected to raise around $1.2 billion through the public issue, which could launch later this year depending on market conditions, reports The Economic Times. The issue is expected to include both a fresh issue of shares and an offer-for-sale component by existing investors. While the fresh issue will inject new capital into the compan…

Zepto eyes ₹12,000 Crore IPO after SEBI approval, DRHP update next

New Delhi: Zepto has received SEBI’s approval for its proposed initial public offering, putting one of India’s most-watched startup listings back in the spotlight. The Bengaluru-based quick commerce company is now expected to file its updated draft red herring prospectus in the next six to eight weeks. The approval came through an observation letter from the market regulator. In IPO language, that is the green signal for a company to move ahead …

Zepto Gets SEBI Nod For $1Bn IPO

Quick commerce major Zepto has received SEBI’s approval for its proposed IPO. The Bengaluru-based startup is now expected to file its updated DRHP in the next six to eight weeks. According to the latest update on the regulator’s website, it issued an observation letter to the quick commerce startup earlier today. In SEBI’s parlance, the issuance of the observation letter is a go-ahead to proceed with the IPO. The IPO size is expected to be aroun…