Zepto Shares Slump 30% in Unlisted Market Despite SEBI IPO Approval: Find Out Why
Quick-commerce startup Zepto sees its unlisted share price drop 30% in the grey market despite obtaining SEBI IPO approval. Read the market analysis here.
Delhi News info Desk:-
In a surprising pre-IPO turn of events, Zepto shares slumped by 30% within the unlisted grey market over the past few sessions.
This unexpected equity valuation drop occurred despite the quick-commerce giant receiving formal IPO clearance and regulatory approval from SEBI.
Market operators reveal that early institutional investors are offloading pre-IPO shares to lock in profits, creating an oversupply of unlisted equity in secondary markets.
Furthermore, intense competition from rivals like Blinkit and Instamart has raised valuation sustainability concerns among grey-market equity traders.
While Zepto prepares for its high-profile stock market debut, this unlisted price correction underscores the cautious stance investors are adopting toward tech startup valuations.