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Zepto Prepares for IPO with Major Equity Offering

Zepto, a leading quick commerce company in India, is preparing to enter the primary market with its upcoming IPO. The offering includes a fresh equity issuance valued at Rs 8,010 crore and an offer for sale from existing investors. This marks a significant milestone as Zepto aims to become the first quick commerce firm to debut in the IPO space, with the total size expected to reach around Rs 10,000 crore. Stay tuned for more updates on this exciting development in the market.
 

Zepto's IPO Plans Unveiled


Zepto, a prominent player in India's quick commerce sector, has submitted its draft documents to the Securities and Exchange Board of India (Sebi) as it gears up for its entry into the primary market. The anticipated initial public offering (IPO) includes a new equity share issuance valued at Rs 8,010 crore, alongside an offer for sale (OFS) from current investors, as detailed in the updated draft red herring prospectus (UDRHP). The OFS will feature approximately 113,466,566 equity shares, each with a face value of Rs 5. With this IPO, Zepto is set to become the first company focused solely on quick commerce to launch an IPO, with the total offering expected to reach around Rs 10,000 crore.