Zepto’s upcoming initial public offering is moving closer to a key milestone, with the company’s anchor book reportedly nearing closure. Interest from large investors appears to be building ahead of the share sale, signaling momentum for one of the closely watched IPOs in India’s startup space.
Among the names linked to the anchor portion are Norway’s sovereign wealth fund, Norges, and Motilal Oswal. Based on the available details, the two investors could account for around 40% to 45% of the anchor allocation, making them significant participants in the early institutional demand for the offering.
The IPO is being discussed at a valuation of about $5.1 billion, underlining the scale of investor interest in the quick commerce platform. A strong anchor book is often seen as an important indicator of market confidence before a public issue opens more broadly to other categories of investors.
While the final composition of the anchor book may still be subject to change, the reported interest from well-known institutions suggests Zepto’s public market debut is drawing serious attention. The development also highlights continued appetite for high-growth consumer internet and delivery-focused businesses despite a selective broader IPO environment.
