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2025
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The big question: Will Zerodha ever go for an IPO? Nithin Kamath shares his thoughts

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Zerodha, India’s largest stockbroker with over 1.5 crore clients, has stayed private, avoiding external funding or an IPO. CEO Nithin Kamath said being private allows the firm to focus on long-term customer interests without shareholder pressure. Bootstrapped with Rs 10 lakh, Zerodha built its moat on trust, simplicity, and low costs, thriving alongside India’s market growth.














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