Funds seek 30–40% deeper valuation cut for Zepto’s ₹8,010 crore IPO
Domestic mutual funds and insurers are pushing Zepto to price its proposed IPO at a further 30–40% discount to its revised $4–5 billion valuation, citing public-market caution around new-age consumer platforms and the company’s lack of a food-delivery business.
Domestic mutual funds and insurers seek a 30-40% further valuation cut for Zepto’s proposed Rs 8,010 crore IPO, challenging its targeted $4-5 billion valuation. Investors cite Zepto’s lack of food delivery and caution after weak post-listing performance by new-age companies.
Why this matters
Zepto’s valuation pushback follows its ₹8,010 crore fresh-issue plan and its inclusion with Shiprocket in a ₹25,000 crore-plus August IPO pipeline, raising scrutiny of its public-market pricing.
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