💻 Technology 6h ago · Akshit Pushkarna

Zepto Files UDRHP, Plans ₹8,010 Cr Fresh Issue

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Zepto Files UDRHP, Plans ₹8,010 Cr Fresh Issue
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Quick commerce major Zepto has filed its updated draft red herring prospectus (UDRHP) with SEBI, weeks after getting the regulator’s go-ahead for its IPO.
The proposed public offering will comprise a fresh issue of shares worth ₹8,010 Cr. Meanwhile, its investors intend to offload a cumulative 11.35 Cr shares via the IPO. Nexus Venture Partners, Contrary Capital, Kaiser, among others, will participate in the offer-for-sale (OFS) component of the IPO.
A large chunk of the fresh capital rais

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