Zepto has put its initial public offering plans on hold, marking a sharp turn in the listing path for India’s standalone quick commerce sector. The company is now expected to refile its draft papers after roughly two to three quarters, according to the report.

The pause appears to come after an extended period of discussions around valuation. The report says the company faced investor pushback during those talks, while broader market conditions also shifted, making an immediate public issue less attractive.

The development is notable because Zepto had been seen as a closely watched name in India’s fast-delivery business. Its earlier confidential filing had signaled forward movement toward a stock market debut, but the latest change suggests the company wants to revisit timing and terms before returning with fresh papers.

In practical terms, the delay gives Zepto more time to reassess pricing expectations and market sentiment before trying again. For now, the IPO is not scrapped, but postponed as the company waits for a more favorable window to restart the process.