Zorko is a food company popularly known for its fast food such as Burgers, aloo patty, fries, and much more. The company has recently introduced itself to Shark Tank India season 3 and attained huge popularity. Sharks were impressed by the financials of the company but they failed to raise the funding from Shark Tank India Season 3. Now the co-founder of the company Anand Nahar has revealed in a podcast that they are planning to bring an IPO.
Zorko has unveiled the plan to raise funds through IPO in the podcast of Ayushman Pandita. After the announcement, people became excited about the Zorko IPO. So far, the company has successfully made over 165 outlets and operates in 10 plus states of India. They are currently in 46 plus cities which is another impressive stat about them. The startup will be started in 2022.
Numerous people want to know when Zorko Pvt Ltd will launch their Initial Public Offer (IPO) officially in the Indian Market. As per the details given by Zorko co-founder Anand Nahar, the Zroko IPO will be in the SME (Small and Medium Enterprises) category. The IPO date is yet to be announced by the company.
Anand Nahar is a Sebi registered analyst and also does investing & trading in the stock market. He started this food company with his brother Amrit Nahar. Also, he did not open up about the Zorko IPO issue size. Along with it, there are several other details has to be announced related to the IPO with filing of Draft Red Herring Prospectus (DRHP) to SEBI.
Currently, the company is focusing on bringing more revenue and profitability for their outlet owners which will create a strong goodwill of the Zorko. You can read more latest upcoming IPOs this month on our website Industrial Front.