Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Zepto Ltd. on May 8, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 18 months.
Zepto Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Zepto IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹[.] per share |
| Price Band | |
| Lot Size | |
| Sale Type | N/A |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,55,74,04,924 shares |
| Share Holding Post Issue | 12,60,31,95,213 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Dec 26, 2025 |
| SEBI/Exchange approval received | Fri, May 8, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | At least 75% of the Net Offer |
| Retail Shares Offered | Not less than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
Incorporated in December 2020, Zepto Limited is one of India's leading quick commerce companies that enables ultra-fast delivery of groceries, fresh produce, FMCG products, electronics, personal care items, and other daily essentials through its technology-driven platform. The company operates a network of 1,139 dark stores across 66 cities in India and offers an average of 46,623 SKUs, ranging from fruits and vegetables to household electronics and cosmetics.
Zepto has built a technology-driven ecosystem supported by its in-house warehouse management system (WMS), last-mile delivery platform, workforce management tools, demand forecasting models, and advertising engine. The company generates revenue through commissions on product sales, advertising services, delivery and logistics fees, and procurement and distribution activities.
As of March 31, 2026, Zepto served 47.97 million Annual Transacting Users (ATUs) and processed an average of 2.33 million orders per day. The company achieved a Net Receivables Value (NRV) of ₹248,155.39 million in Fiscal 2026 and employed 5,212 permanent employees along with 48,011 operating staff, reflecting its large-scale operations and strong market presence in India's quick commerce sector.
Strengths
Zepto Ltd.'s revenue increased by 99% and profit after tax (PAT) dropped by 26% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 13,510.11 | 13,800.13 | 2,898.27 |
| Total Income | 23,128.38 | 11,602.75 | 4,544.17 |
| Profit After Tax | -5,905.19 | -4,699.71 | -1,214.79 |
| EBITDA | -4,746.15 | -4,153.65 | -1,029.17 |
| NET Worth | 3,559.60 | 6,147.84 | 2,864.48 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|
| Meesho Ltd. | Mainboard | ₹5,421.20 Cr | ₹111 | ₹170.09 | +53.23% | ₹166.73 (-0.60%) |
| Urban Co.Ltd. | Mainboard | ₹1,900.24 Cr | ₹103 | ₹166.83 | +61.97% | ₹123.57 (+2.83%) |
| Acetech E-Commerce Ltd. | SME | ₹48.95 Cr | ₹112 | ₹117.60 | +5.00% | ₹123.00 (-3.91%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenditure for expansion of the Dark store network through setting up of new dark stores in existing and new geographies | 1,628.98 |
| 2 | Expenditure towards lease rentals of existing dark stores | 1,734.94 |
| 3 | Investment in technology and cloud infrastructure | 1,324.78 |
| 4 | Investment in the Subsidiary, Zepto Marketplace Private Limited for marketing and business promotion expenses for enhancing the brand awareness and visibility of the platform | 520.00 |
| 5 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | |
| Total | 5,208.70 |
| KPI | Mar 31, 2026 |
|---|---|
| RoNW | 165.89% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | -16.60 | -ve |
| Promoter Holding | 19.56% |
Lead Manager Reports
Zepto IPO is a main-board IPO of 0 equity shares of the face value of ₹[.] aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Zepto IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Zepto IPO using UPI as a payment gateway. Zerodha customers can apply in Zepto IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Zepto IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Zepto IPO dates are not announced. Please check back again after some time.
Zepto IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Zepto IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Zepto IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Zepto IPO allotment status.
The Zepto IPO listing date is not yet announced. The tentative date of listing is .
