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Zepto paused IPO in August as Indian listing valuations fell

India’s IPO valuations fell to a median price-to-book ratio of 7.4 times in 2026 for deals raising at least 10 billion rupees. Zepto paused its offering in August, while Prestige Estates Projects’ hospitality unit paused last week.

Median price-to-book for IPOs raising at least 10 billion rupees fell in 2026
Median price-to-book, last year's IPOs10.2 times
Median price-to-book, 2026 IPOs7.4 times

Reported figures

From the report. Source details below

Zepto IPO pause: August
Last-year IPO median price-to-book: 10.2 times
Domestic institutions' proceeds share this year: 33%
Domestic institutions' proceeds share in 2021: 24%
NSE IPO size reduction: about 15%

The source

Source Read the source at Mint

Published

Also reported by The Hindu BusinessLine, Business Today

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