Zepto Files Confidential Draft Papers For Over $1.3 Bn IPO

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SUMMARY

Zepto has pre-filed the draft papers for an over $1.3 Bn (around INR 11,682 Cr) IPO with markets regulator SEBI

The Aadit Palicha-led company plans to raise around INR 11,000 Cr through a fresh issue of shares. The IPO is also likely to comprise an offer for sale by early investors.

Morgan Stanley, Axis Capital, HSBC, Goldman Sachs, JM Financial, IIFL Securities and Motilal Oswal are the bankers for the issue

Quick commerce major Zepto has pre-filed the draft papers for…



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Zepto Files Confidential Draft Papers For Over $1.3 Bn IPO


SUMMARY

Zepto has pre-filed the draft papers for an over $1.3 Bn (around INR 11,682 Cr) IPO with markets regulator SEBI

The Aadit Palicha-led company plans to raise around INR 11,000 Cr through a fresh issue of shares. The IPO is also likely to comprise an offer for sale by early investors.

Morgan Stanley, Axis Capital, HSBC, Goldman Sachs, JM Financial, IIFL Securities and Motilal Oswal are the bankers for the issue

Quick commerce major Zepto has pre-filed the draft papers for…



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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