Zepto unlisted shares fall 30% since April despite IPO nod: Report

Shares of quick commerce platform Zepto in the unlisted market have fallen nearly 30% since April, even after it received SEBI approval for its IPO, from about ₹58 to ₹42 per share currently. They are also down around 40% from a December high of ₹68 per share. The decline comes even as the company proceeds with its public issue plans.