Market veteran Raamdeo Agrawal, who is an investor in Zepto, called the quick-commerce company's IPO plans premature after it delayed its plans to debut on Dalal Street amid valuation concerns.
Earlier this month, Zepto deferred its proposed IPO after agreeing with major shareholders to close a pre-IPO equity funding round. The move followed discussions around pricing the IPO at a valuation significantly below its last private round, The Economic Times learnt.
