Top funds seek deeper valuation cut for Zepto’s planned ₹8,010 crore IPO
Domestic mutual funds and insurers are seeking a 30–40% cut below Zepto’s proposed $4–5 billion IPO valuation, according to ET Retail. The quick-commerce company is targeting anchor backing from funds, HNIs and family offices ahead of a potential listing within weeks.
Domestic mutual funds and insurers are seeking a further 30-40% valuation cut for Zepto’s proposed ₹8,010 crore IPO, challenging its $4-5 billion target. The quick-commerce firm is seeking anchor support from funds, HNIs and family offices.
Why this matters
The valuation pushback follows Zepto’s recent IPO preparations: a planned ₹8,010 crore fresh issue and inclusion among companies targeting a ₹25,000 crore-plus August IPO haul.
Retail-company is accelerating, up +567000% QoQ.