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What will be Zepto's IPO valuation in India by the end of 2025?
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Zepto•National Company Law Tribunal•NCLT•Singapore•Mumbai•Kiranakart•India•Reserve Bank of India•RBI
Resolution / Starting Odds
Under $1 billion • 25%
$1 billion to $3 billion • 25%
$3 billion to $5 billion • 25%
Over $5 billion • 25%
Financial news outlets or IPO prospectus
Story
Zepto Secures NCLT Approval for Merger with Kiranakart, Completing Flip to India in 30 Days Ahead of IPO
Jan 13, 2025, 04:54 AM
Zepto has received approval from the National Company Law Tribunal (NCLT) to merge its Singapore parent company with its Mumbai-based subsidiary, Kiranakart. This decision facilitates the company's transition back to India, a move aimed at addressing regulatory challenges and enhancing shareholder value. The merger is expected to be completed within the next 30 days, as Zepto prepares for a potential initial public offering (IPO) in India later this year. The NCLT's ruling indicates that the flip will not require approval from the Reserve Bank of India (RBI).
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Remained stable • 25%
Zero or delisted • 25%
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Above $100 • 25%
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$25 billion • 25%
$20 billion • 25%
$15 billion • 25%
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$5B to $10.2B • 25%
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$10.2B to $15B • 25%
$4 billion • 25%
$2 billion • 25%
$3 billion • 25%
Over $4 billion • 25%
$20 billion to $25 billion • 25%
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$15 billion to $20 billion • 25%
Less than 10% • 25%
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20% to 30% • 25%
10% to 20% • 25%
More than $3 billion • 25%
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$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
Stock price increases by more than 15% • 25%
Stock price increases by 5% to 10% • 25%
Stock price increases by 10% to 15% • 25%
Stock price increases by less than 5% • 25%
