Zepto IPO anchor book nears closure; Norges, Motilal Oswal may take 40-45%

Zepto’s IPO anchor book is nearing closure, with Norges and Motilal Oswal likely to take 40-45% of the portion. The company’s valuation is pegged at $5.1 billion for the issue. Three top Indian bankers also showed interest in the deal, which follows Zepto’s confidential pre-filing with Sebi in December 2025.