CAM, SAM & Latham & Watkins are advising Zepto as the company prepares for a major IPO plan. Their combined expertise is expected to strengthen the rapid-commerce platform’s strategy and support its push toward a high-value market debut.
Zepto one of the major quick-commerce players has confidentially filed a draft red herring prospectus with SEBI for an initial public offering, reportedly aggregating to Rs.11,000 crore.
Cyril Amarchand Mangaldas is advising Zepto on the IPO.
The transaction is being led by Vishal Yaduvanshi (Partner, Regional Co-Head – Capital Markets – North).
Shardul Amarchand Mangaldas & Co is advising the book running lead managers for the IPO.
The transaction team is led by Prashant Gupta (National Practice Head – Capital Markets) and Abhiroop Amitava Datta (Partner), with support from Associates Shivang Agarwal, Deeksha Dhingra, and Pavitra Dubey.
Latham & Watkins Singapore acted as international legal counsel for the book running lead managers, with the team led by Rajiv Gupta (Partner, India Practice Head).
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto aims to help people save time by making every moment count.
The company has transformed India’s rapid-commerce space through advanced technology and well-planned delivery hubs. With a catalogue of over 45,000 products including fresh groceries, electronics, beauty items, apparel, toys and more Zepto delivers across 50+ cities within minutes.
Recently, CMS INDUSLAW, Khaitan advised on Zepto’s Rs.450 million Series H fundraise from General Catalyst. CMS Induslaw had advised Zepto.