Zepto Gears Up for IPO in 2025: Key Developments and Strategic plan Movies
Zepto, the quick-commerce unicorn, is preparing to file its draft red herring prospectus (DRHP) for an initial public offering (IPO) by March or April 2025. The company has received approval to relocate its holding entity from Singapore to India, a strategic move to facilitate the IPO process.
In anticipation of the IPO, Zepto has established a new entity, Zepto Marketplace Private Limited, to streamline its operations. This restructuring is aimed at simplifying the company's business model and ensuring compliance with local regulations.
The company is currently finalizing the appointment of independent directors and deliberating on the IPO size and selection of bankers. A board meeting is scheduled for January 19 to discuss these matters.
Zepto's move to shift its domicile to India aligns with recent regulatory reforms that have streamlined the process for foreign-based companies to merge with domestic subsidiaries. This change reduces the time required for such mergers, encouraging Indian startups domiciled abroad to return home and capitalize on the robust IPO market in India.
As of now, specific details regarding the IPO date, price range, and lot size have not been finalized. Investors and market observers are advised to stay tuned for further announcements as Zepto progresses towards its public offering.
