Indian quick-commerce unicorn Zepto has filed confidential draft papers with SEBI to raise about ₹11,000 crore through its upcoming IPO. The Aadit Palicha-led firm, founded in 2020, aims for a 2026 listing, positioning itself among the youngest startups to debut on Indian exchanges. Proceeds will fund expansion and strengthen its balance sheet.
Zepto’s Next Big Leap into Public Markets
Zepto, India’s fast-growing quick-commerce player, has taken a decisive step toward its stock market debut by confidentially filing its Draft Red Herring Prospectus (DRHP) with SEBI. The company plans to raise ₹11,000 crore through a mix of fresh equity issuance and an offer for sale (OFS) by early investors.
Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto has rapidly scaled operations, reporting 147% revenue growth in FY25 to ₹11,109 crore. The confidential filing route allows the firm to seek regulatory feedback while keeping sensitive details private until closer to listing.
If successful, Zepto will join peers Zomato and Swiggy on the exchanges, cementing its place in India’s booming quick-commerce sector. The IPO proceeds are expected to support expansion, fund growth initiatives, and strengthen the balance sheet, aligning with its aggressive market strategy.
Key Highlights
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IPO Size: ₹11,000 crore targeted via fresh issue + OFS.
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Confidential Filing: DRHP submitted to SEBI on Dec 26, 2025.
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Financials: FY25 revenue surged 147% to ₹11,109 crore.
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Market Position: Among youngest startups to list on Indian exchanges.
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Strategic Use: Funds earmarked for expansion and balance sheet strengthening.
Sources: Fortune India, PTI, ScanX News, Business Standard