
The big question: Will Zerodha ever go for an IPO? Nithin Kamath shares his thoughts
Published on: Sept. 16, 2025, 4:32 p.m. | Source: The Economic Times
Zerodha, Indias 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 Indias market growth.