Zepto’s initial public offering (IPO) anchor book is nearing closure, with multiple reports indicating that institutional anchors—particularly Norges and Motilal Oswal—are likely to take a combined share of roughly 40% to 45%. One report states that they could take around 40% of the anchor allocation, while another says the anchor portion is expected to account for 30% to 45% of the estimated ₹11,000 crore issue, implying a significant role for the leading anchors within that range. Zepto is expected to announce its IPO price band next week. The company is reported to be targeting a valuation of about $5.1 billion. However, some investors’ indications are said to be lower than the valuation target, suggesting that pricing discussions may take into account weaker demand signals from certain corners of the market. The available information covers the expected anchor allocations, the expected timing of the price band announcement, the targeted valuation, and the presence of lower indications from some investors, but does not provide the final anchor sizes, the exact price band, or the final IPO valuation.
Zepto IPO anchor book nears closure; Norges and Motilal Oswal expected to lead
Zepto’s initial public offering (IPO) anchor book is nearing closure, with multiple reports indicating that institutional anchors—particularly Norges and Motilal Oswal—are likely to take a combined sh...
- Zepto’s IPO anchor book is nearing closure.
- Norges and Motilal Oswal are expected to take a combined share of about 40% to 45% of the anchor book.
- The anchor portion is expected to make up roughly 30% to 45% of the estimated ₹11,000 crore issue.
- Zepto is expected to announce its IPO price band next week.
- Zepto targets a valuation of about $5.1 billion, despite some lower investor indications.
The quick commerce company is expected to announce its IPO price band next week and is targeting a valuation of about $5.1 billion despite lower indications from some investors
22 hours agoThe anchor book is expected to be 30 to 45% of the estimated ₹11,000 crore issue
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