After Ola Electric, Zerodha coming up with IPO soon? Nithin Kamath shares listing plans and also his health priorities

economictimes.indiatimes.com:

Ola Electric, Unicommerce, and First Cry have significantly enriched their investors, reflecting strong market interest and confidence in these companies. These successful public offerings highlight the potential of homegrown businesses in India, suggesting that the market is eager for more such opportunities. Nithin Kamath, the founder of Zerodha, acknowledged the success of these IPOs and emphasized the need for more Indian companies to follow suit.
He noted that the success of these IPOs could serve as an incentive for other companies to consider going public, which would, in turn, attract more retail and institutional investors. Kamath pointed out that a steady flow of new securities is essential for the growth of the market, particularly as domestic investment continues to increase. His comments were met with a wave of responses from the public, many of whom urged Zerodha to consider its own IPO. People questioned whether Kamath would lead by example and bring Zerodha to the stock market.

Nithin Kamath on Zerodha's IPO plans

In response to the public's interest, Zerodha shared a conversation in which Kamath discussed the company's IPO plans with his team. Kamath explained that Zerodha's business philosophy, which avoids setting aggressive revenue targets, might not align with the expectations of a publicly listed company. He acknowledged that not pursuing an IPO might seem contradictory given his encouragement for other companies to do so. However, Kamath did not entirely dismiss the idea. He mentioned that Zerodha is developing adjacent businesses like Zerodha Capital and Zerodha Asset Management, which could potentially contribute to revenue in the future. Kamath also expressed concerns about the