Q1. What is the business of Zepto?

It is India’s leading quick-commerce platform delivering groceries and essentials within minutes via a dense network of urban dark stores.

Q2. Why is the company raising funds via IPO?

Zepto is raising funds via IPO to strengthen the balance sheet, fund geographic expansion, deepen delivery infrastructure, and enable early investors’ partial exit.

Q3. What is the issue size of the IPO and where will it list?

The issue size of the IPO is around ₹11,000 crore through a mix of fresh issue and offer for sale, proposed to list on the NSE and BSE platform once SEBI clears the final prospectus.

Q5. What are the potential upsides?

Stong point of Zepto include its strong growth in India’s quick-commerce demand, tech-enabled scale, expanding delivery footprint, and leadership in urban on-demand retailing.

Q6. How to apply for the IPO?

You can apply via ASBA through your bank’s net banking or UPI apps, or via brokerage platforms once the subscription opens.

Q 7. When is the tentative listing date?

Expected listing date is yet to be announced but it can be expected by mid of 2026.

Zepto is an Indian quick-commerce platform that offers ultra-fast delivery of groceries and essentials (often within minutes) through a network of local dark stores and logistics infrastructure, serving urban consumers with rapid doorstep fulfillment.

It operates around 250+ dark stores across major Indian metropolitan areas, serves an estimated 16 million monthly transacting users with ~1.5 million daily orders, and holds approximately 28–29% market share in India’s quick-commerce sector.

It has filed draft papers confidentially with the Securities and Exchange Board of India (SEBI) as it prepares to raise capital through IPO with an issue size of ₹ 11,000 crore.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP (Confidential)

Check IPO Allotment (Pending)

Visit Official Website

Issue Size:	₹ 11,000 crore
Fresh Issue:	Pending
Offer for Sale:	Pending
Price Range:	TBA
Lot Size:	TBA

Zepto important data points

Revenue, PAT, EBITDA

Year	Fiscal 2025
Networth	₹647.7
Revenue:	₹ 4,134.1
EBITDA	₹ -1,110.9
PAT	₹ -1,244.6
EBITDA Margin:	-30.00%
PAT Margin	-30.00%
Face Value:	NA

IPO important dates

Open Date:	TBA
Close Date:	TBA
Anchor Investor Bidding	TBA
Allotment Date:	TBA
Refunds & Demat Credit	TBA
Tentative Listing Date:	TBA

Use of Proceeds

Purpose	Amount
Borrowing payment	NA
Capacity Expansion	NA
Technology & Infrastructure	NA
Subsidiary Investment	NA
Offer for Sale:	NA

Zepto Financial Data

	2023	2024	2025
Revenue (₹ Cr)	₹ 140.7	₹ 2,025.7	₹ 4,134.1
Profit (₹ Cr)	₹ -390.4	₹ -1,271.8	₹ -1,244.6
Asset (₹ Cr)	₹ 638.5	₹ 1,478.1	₹ 1,901.2
Net Worth (₹ Cr)	NA	NA	₹ 647.7

Zepto IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit per lot
25-Jan	₹ –	₹ –	₹ –
24-Jan	₹ –	₹ –	₹ –
23-Jan	₹ –	₹ –	₹ –
22-Jan	₹ –	₹ –	₹ –
21-Jan	₹ –	₹ –	₹ –

Zepto IPO Pros & Cons

Strengths:

Strong growth potential driven by India’s rapidly expanding quick-commerce market.
Asset-light dark-store model enables faster scalability in urban markets.
High customer stickiness due to ultra-fast delivery and convenience positioning.
Backed by reputed global investors, improving credibility and capital access.
Data-driven supply chain and technology focus enhances operational efficiency.

Risks:

Company is currently loss-making with continuous cash burn.
Highly competitive market with aggressive pricing pressure from peers.
Profitability depends on sustained high order density in limited geographies.
Regulatory and compliance risks linked to gig workforce and logistics operations.
Valuation risk if growth slows post-IPO amid tightening capital markets.

Zepto Promoters – Pre offer equity (Approx)

Aadit Palicha	NA
Kaivalya Vohra	NA

Zepto Lot Size details

Application Type	Lot Size	No. of Lots	No. of Shares	Investment Amount
Retail(Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
Small HNI (Min)	–	14	–	₹ –
Small HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Lead Managers / Registrars of Zepto

Lead / Book Running Lead Managers	–
Registrar (RTA)	–

Founding Year of Zepto & Managing Director

Zepto was incorporated in the year 2021.

Mr. Aadit Palicha serves as CEO and co-founder of the company.

Zepto FAQ

Q1. What is the business of Zepto?

It is India’s leading quick-commerce platform delivering groceries and essentials within minutes via a dense network of urban dark stores.

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Q2. Why is the company raising funds via IPO?

Zepto is raising funds via IPO to strengthen the balance sheet, fund geographic expansion, deepen delivery infrastructure, and enable early investors’ partial exit.

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Q3. What is the issue size of the IPO and where will it list?

The issue size of the IPO is around ₹11,000 crore through a mix of fresh issue and offer for sale, proposed to list on the NSE and BSE platform once SEBI clears the final prospectus.

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Q4. What are the risks to an investor?

Risk points that must be considered while investing includes persistent losses, stiff competition from Swiggy/Instamart and Blinkit, high cash burn, and uncertain path to sustained profitability.

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Q5. What are the potential upsides?

Stong point of Zepto include its strong growth in India’s quick-commerce demand, tech-enabled scale, expanding delivery footprint, and leadership in urban on-demand retailing.

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Q6. How to apply for the IPO?

You can apply via ASBA through your bank’s net banking or UPI apps, or via brokerage platforms once the subscription opens.

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Q 7. When is the tentative listing date?

Expected listing date is yet to be announced but it can be expected by mid of 2026.

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