Zepto Files DRHP for ₹4,500 Crore IPO, Sets Stage for Quick Commerce Showdown
Quick commerce unicorn Zepto has filed its draft red herring prospectus with SEBI for an IPO worth ₹4,500 crore, making it one of the most anticipated startup listings of 2026.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹4,500 |
| Stage | IPO |
| Valuation | $5 |
| Sector | Zepto |
| Coverage | Startup Funding |
Zepto, India's fastest-growing quick commerce platform, has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering worth approximately ₹4,500 crore. The IPO includes a fresh issue of ₹3,500 crore and an offer-for-sale of ₹1,000 crore.
IPO Structure
Key Details:
Business Metrics (from DRHP)
Financial Highlights:
Path to Profitability
Zepto has narrowed losses significantly, with adjusted EBITDA losses reducing 65% year-on-year. The company targets operational profitability by Q3 FY27.
Founders' Stakes
Co-founders Aadit Palicha (21) and Kaival Rakholia continue to hold significant stakes, making them among the youngest founders to take a company public in India.
Competitive Landscape
The IPO comes at a time when Blinkit (Zomato) and Swiggy Instamart are also scaling aggressively, making 2026 a decisive year for India's quick commerce sector.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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