FMCG distributors urge SEBI to halt IPOs of loss-making quick-commerce firms
AICPDF, representing 4 lakh FMCG distributors, has petitioned SEBI to pause public listings of quick-commerce players like Zepto, flagging predatory pricing, mounting losses at Swiggy and Eternal, and systemic risks to kirana retailers and retail investors.
AICPDF, representing 4 lakh FMCG distributors, urged SEBI to pause IPOs of loss-making quick-commerce firms like Zepto, citing predatory pricing, heavy losses at Swiggy and Eternal, and risks to kirana retailers and retail investors.