PhonePe, Flipkart, Zepto, Oyo Defer Dalal Street Debut as Conflict Chills Appetite

New-age startups are stalling IPO plans amid the US-Iran flare-up and tepid markets. Just 20 mainboard IPOs raised under Rs 20,000 crore YTD versus Rs 27,000 crore from six new-age listings prior. SEBI has extended IPO approval validity by six months, giving issuers room to wait out volatility.

PhonePe, Flipkart, Zepto and Oyo have deferred IPO plans as the US-Iran conflict and weak markets chill Dalal Street listing appetite.

Times of India · Business · 5/24/2026, 11:25:39 PM · Ask about this →

PhonePe + Amagi Media Labs + Flipkart + Fractal Analytics + Oyo + Shadowfax + Zepto +