Zepto converts to a public entity in preparation for IPO

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Quick commerce platform has converted itself into a public company as it prepares for an initial public offering, changing its registered name from Zepto Private Limited to Zepto Limited through a special resolution passed by its shareholders.

“The company intends to list its equity shares…on one or more stock exchanges. For this purpose, the company proposes to undertake an initial public offering,” it said in a regulatory filing with the Registrar of Companies.

ET had reported last month that the company is once again preparing to file draft…



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Zepto converts to a public entity in preparation for IPO



Quick commerce platform has converted itself into a public company as it prepares for an initial public offering, changing its registered name from Zepto Private Limited to Zepto Limited through a special resolution passed by its shareholders.

“The company intends to list its equity shares…on one or more stock exchanges. For this purpose, the company proposes to undertake an initial public offering,” it said in a regulatory filing with the Registrar of Companies.

ET had reported last month that the company is once again preparing to file draft…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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