Quick commerce platform Zepto is reportedly gearing up to file its draft prospectus for an Initial Public Offering (IPO) by March or April this year. According to sources, the company has secured the necessary approvals to shift its base from Singapore to India ahead of its public listing.

Zepto Board Meeting 

While the IPO details are still being finalized, Zepto’s board has scheduled a crucial meeting on January 19 to discuss key aspects of the offering. This meeting will address several important matters, including the appointment of bankers, the selection of independent directors, determining the size of the IPO, and other related issues.

Zepto, known for its ultra-fast delivery services, has rapidly gained traction in India’s competitive quick-commerce market. The company’s decision to relocate its base to India underscores its commitment to tapping into the country’s booming startup ecosystem and favorable market conditions for public listings.

Upcoming IPO Effect 

The upcoming IPO is anticipated to attract significant interest, given Zepto’s innovative approach to quick commerce and its strong market presence. The move also aligns with the broader trend of Indian startups choosing domestic stock exchanges for their listings, showcasing confidence in the local capital markets.

As the IPO progresses, more details about the offering, including its size and valuation, are expected to emerge. For now, the company’s board meeting on January 19 will be a pivotal step in shaping Zepto’s journey toward becoming a publicly traded company. According to a report, Singapore authorities have approved the move. But the National Company Law Tribunal will hear the matter on January 17.

Zepto 

Quick commerce platform Zepto is reportedly preparing to file its draft prospectus in March or April this year. According to a report, the company has received the necessary approvals to shift its base from Singapore to India ahead of its public listing and this is great.