Zepto, PhonePe Push Ahead with IPO Roadshows Amid West Asia Conflict, Market Volatility
MMoneycontrol•13-03-2026, 14:44
Zepto, PhonePe Push Ahead with IPO Roadshows Amid West Asia Conflict, Market Volatility
- •Indian tech firms Zepto and PhonePe are engaging foreign institutional investors for their IPOs.
- •Roadshows continue globally despite West Asia conflict and stock market volatility.
- •IPOs are planned for May or June, with each expected to be over Rs 10,000 crore.
- •Zepto targets a June launch, while PhonePe has SEBI approval; Zepto awaits regulatory nod.
- •Weak market sentiment impacts recent IPOs, but Gulf investors' limited participation lessens conflict's direct impact on large Indian IPOs.