Zepto Files Updated DRHP for Rs 10,000 Cr IPO; Rs 8,010 Cr Fresh Issue, July Listing Eyed
Zepto's updated DRHP targets a Rs 10,000 crore IPO with Rs 8,010 crore fresh issue and 11.3 crore OFS shares led by Nexus Ventures. Founders are holding. NOV has crossed Rs 10,000 crore and cash burn has narrowed to Rs 120 per order, sharpening the path to a July listing.
Zepto filed updated DRHP for ~Rs 10,000 crore IPO, with Rs 8,010 crore fresh issue and OFS led by Nexus Ventures. Founders aren't selling. Targeting July listing; cash burn down to Rs 120/order, NOV crossed Rs 10,000 crore.