SynopsisPeople aware of the discussions told ET that the company has received a formal price indication from large institutional investors and is negotiating for a week or two before deciding whether to proceed. A deferment is on the table if the price gap does not close, though the company would prefer to list, they added.Quick commerce major Zepto is negotiating on the pricing of its initial public offering ( IPO) and could defer the listing over the next couple of weeks, ET has learnt, even as the valuation on the table has come in sharply below its last private round.The valuation under discussion is around $2.5-3 billion, with Zepto pressing for better terms, the people said. That is well below the $7 billion at which it raised $450 million in October 2025 inNow Playing