Zepto's updated DRHP unveils Rs 577 Cr secondary, 19.56% promoter stake, and ED summons ahead of Rs 8,010 Cr IPO
Zepto's refiled IPO papers detail a Rs 577 Cr secondary sale to Motilal Oswal, founder holdings of 19.56% via family trusts, Nexus at 13.12%, and 1.21 billion ESOP options issued to CFO Bafna and executives. Partial exits include Rs 356 Cr for Nexus and Rs 190 Cr for Kaiser, even as founders face ED summons under FEMA.
What happened
Zepto's updated DRHP reveals Rs 577 Cr secondary sale to Motilal Oswal, 19.56% promoter holding via family trusts, large ESOP grants to CFO Bafna and other
Key facts
- Rs 577 Cr secondary deal
- Rs 8,010 Cr fresh issue
- 19.56% promoter stake
- 13.12% Nexus stake
- 1.21 billion ESOP options
- Rs 356 Cr Nexus exit
- Rs 190 Cr Kaiser exit
Why this matters
Founder holdings concentrated at 19.56% through family trusts with Nexus at 13.12% define the cap-table leverage points for any strategic stake or partnership conversation post-listing.