Kolkata: Zepto, the quick commerce company, is preparing for a public issue, adding another name to the list of prominent startups and brand names that are approaching the capital markets. According to reports, the company could be raising about Rs 4,500 crore in its first foray in the equity markets. It has already selected high-profile investment banks such as Goldman Sachs, Morgan Stanley, JM Financial to guide it on the effort.

The management has also changed the name from Zepto Private Limited to “Zepto Limited”, which is an indication of shedding its “private” image. The change was effected by a special resolution passed by shareholders. Reports state that the company could file the Draft Red Herring Prospectus this month itself, or an any rate, by the end of this financial year.

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