Zepto shares crash 30% in unlisted market despite Sebi nod for IPO. What's cooking?

Zeptos unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition.

Raccontata daeconomictimes.indiatimes.com