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

The recent IPOs of 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 unpredictability and regulatory risks in the brokerage industry, making it difficult to commit to an IPO without a more stable revenue model.




"We are building different adjacent businesses like Zerodha Capital, Zerodha Asset Management, and more. Maybe in the future, when they all significantly can add revenue, maybe then," he said.

Nithin Kamath on his health

On a different note, Kamath took the opportunity to mark two significant occasions. He celebrated India's Independence Day and Zerodha's 14th anniversary by sharing a personal moment on social media. He posted a throwback video from 2018 of his son, Kiaan, singing the national anthem while Kamath played the guitar. The video quickly gained popularity online. Despite his success, Kamath shared a personal update about his health. Earlier in 2024, Kamath suffered a mild stroke, and he has been open about his ongoing recovery process. Known for his dedication to fitness, Kamath has been a strong advocate for maintaining a healthy lifestyle, often encouraging his employees to stay active.



"2024 year has been a disaster in terms of health, need to get back to playing for myself," Kamath said in a tweet. In recent months, Nithin Kamath had made a few public appearances and had also participated in a push-up challenge with Zerodha employees.

Ola Electric shares surge

Meanwhile, Ola Electric Mobility Ltd experienced a significant boost in its stock prices on Friday with shares surging nearly 16% following the company's announcement of its entry into the electric motorcycle market. The company launched three new models, with two more in the pipeline, further demonstrating its commitment to expanding its electric vehicle portfolio. Additionally, Ola Electric reported a substantial increase in revenue for the April-June quarter of 2024-25, recording ₹1,644 crore, up from ₹1,243 crore in the same period the previous year.