Zepto Targets ₹11,000 Crore IPO Launch in July, May File Updated DRHP Soon

Quick commerce company Zepto is preparing to launch its ₹11,000 crore initial public offering (IPO) in July and may soon file an updated draft red herring prospectus (DRHP), according to multiple media reports. The company is reportedly aiming to complete its stock market listing before the end of July.

The IPO is expected to include a mix of fresh issue shares and an offer for sale by existing investors. Reports said Zepto is in discussions with investment bankers and regulators as it finalises the structure and timeline of the public issue.

Zepto had earlier filed confidential IPO papers with the Securities and Exchange Board of India (SEBI). The updated filing is expected to include revised financials and details related to the issue size, shareholding structure, and business performance.

Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto operates in the fast-growing quick commerce segment, delivering groceries and daily essentials in minutes through a network of dark stores. The company competes with Blinkit, Swiggy Instamart, and BigBasket in India’s rapidly expanding online grocery market.

The planned public issue comes as quick commerce firms continue to attract investor interest amid strong growth in urban demand and rapid expansion across major cities.