Zepto lines up ₹2,298 crore anchor book for ₹5,106 crore IPO at $3bn valuation
Quick-commerce platform Zepto is targeting a ₹5,106 crore IPO, including a ₹5,000 crore fresh issue, with ₹2,298 crore earmarked for anchor investors. The proceeds are intended to support expansion as it competes with Blinkit and Swiggy Instamart.
Zepto is targeting a ₹5,106-crore IPO and $3-billion post-money valuation, with ₹2,298 crore earmarked for anchor investors. Fresh capital is intended to fund expansion in India’s quick-commerce market, where it competes with Blinkit and Swiggy Instamart.
Why this matters
The anchor-book plan follows Zepto’s talks on anchor allocations at a $3 billion implied valuation and its revised ~$3 billion IPO target after investor pushback. A separate Delhi HC trademark restraint involves Zepto Finance.
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