Zepto plans ₹11,000 crore IPO, targeting updated prospectus filing in late April 2026
Zepto, the fast-growing quick-commerce startup, is gearing up for a ₹11,000 crore IPO.
The company has already filed its draft papers with SEBI after getting the green light from its board and shareholders and was targeting an updated prospectus filing in late April 2026.
Zepto's journey so far
Founded by Aadit Palicha and Kaivalya Vohra, Zepto delivers groceries within minutes using a network of dark stores.
They handle about 1.7 million orders every day, and most of their stores are already profitable (pretty impressive for such a young company).
Financials and valuation
The IPO will mostly be fresh shares, a limited offer-for-sale by some early investors may be included.
After raising $450 million in October 2025 led by CalPERS, Zepto's valuation stands at around $7 billion.
In fiscal 2025, revenue jumped to over ₹11,100 crore (up nearly 150% from last year), though net losses were still significant at ₹3,367 crore.
Big names like Morgan Stanley and Goldman Sachs are among the banks handling the IPO process.