Business National

Zepto Set for Mega IPO After SEBI Approval, Eyes Up to ₹9,300 Crore Fundraise

Quick commerce giant Zepto is preparing for a landmark entry into the stock market after receiving approval from the Securities and Exchange Board of India for its Initial Public Offering (IPO). With the regulatory clearance in place, the company is now set to list on the stock exchanges, marking a major milestone in its rapid growth journey. According to reports, Zepto is planning to raise between $800 million and $1 billion (approximately ₹7,500 crore to ₹9,300 crore) through its IPO. The funds are expected to fuel its aggressive expansion strategy and strengthen its position in the highly competitive quick commerce sector. The company is currently finalizing its updated draft red herring prospectus (UDRHP), with market listing expected within the next 60 to 90 days, subject to final approvals.

Founded in 2020, Zepto has grown rapidly to become one of India’s leading instant grocery delivery platforms. If listed, it will become the only pure-play quick commerce company on the stock market, focusing exclusively on ultra-fast delivery services. The IPO comes at a time when competition in the sector is intensifying, with major players such as Blinkit, Swiggy Instamart, Amazon Now, Flipkart Minutes, and Tata-owned BigBasket dominating the space. To stay competitive, Zepto is aiming to strengthen its supply chain, technology, and market reach through this significant capital infusion. The company’s growth has been remarkable, with daily order volumes surging from around 1.5–1.7 million to nearly 2.5 million orders per day, reflecting strong consumer adoption of ultra-fast delivery services across India.