Overview
- Shareholders approved the shift from a private to a public limited company on Nov. 21, according to a regulatory filing.
- Registrar of Companies records show the company has dropped 'Private' from its name and now operates as Zepto Limited.
- Sources say the firm plans to file its draft red herring prospectus with SEBI this month, targeting a listing by June 2026.
- A company spokesperson said order volumes are growing 20–25% per quarter while cash burn is declining.
- Market reports suggest the IPO could feature a $450–500 million fresh issue alongside an offer for sale, with details to be confirmed in filings.