Mumbai: Leading Quick-commerce delivery player Zepto Limited has re-taken its final major step toward hitting Dalal Street after it filed its updated Draft Red Herring Prospectus (DRHP) with the SEBI on June 9. The company is aiming to raise ₹ 8,010 crore through a fresh issue along with an Offer For Sale (OFS) of 11.35 crore equity shares, allowing its venture capital partners to cash out.
The company had earlier filed its IPO papers confidentially in December 2025 to raise ₹11,000 crore, with reports saying that SEBI had even approved the issue in May 2026. This time, the company has come up with a watered-down issue even as its leading early investors, such as Nexus Venture Partners, Dubai-based Razor Capital, Kaiser Permanente, and Contrary Capital, are aiming to divest their stakes in the company.
How will Zepto use the money?
As a highly capital-intensive, low-margin business, Zepto has struggled to break even, even as it has had to expand at breakneck speed to keep pace with competitors in the space.
It is aiming to:
- Expanding the “Dark Store” Network: With demand increasing and with Instamart and Blinkit at its heels, Zepto will use the funds to expand its ‘dark store’ mini warehouses across the country to reach beyond 1,100 as it aims to protect its reach in the market across leading areas.
- Upgrading AI and Supply Chain Tech: As the company now manages millions of instant orders, it will use the proceeds to upgrade its AI systems and supply chain technologies to automatically predict local demand, reduce fresh food wastage and cut packing times per order.
- Warding Off Rivals: With this IPO, Zepto will now get a massive war chest to fight the quick commerce war, even as Zomato’s Blinkit, Swiggy’s Instamart and smaller players like BigBasket and Flipkart Minutes also compete in the sector.
Current Financial Summary
As part of its DHRP, Zepto has revealed its current financial disclosures, where its audited full-year performance highlights how the company has been performing lately.
| Key Performance Metric | Full Year FY 2024-25 (FY25) | Full Year FY 2025-26 (FY26) | Year-on-Year (YoY) Change % | Operational Status & Performance Drivers |
| Operational Revenue | ₹11,109 Crore | ₹24,164 Crore | 117.52% | More than doubled its annual top-line due to explosive order volume growth and expanding dark store locations. |
| Consolidated Net Loss | ₹1,953.7 Crore | ₹1,248.6 Crore | -36.09% | Successfully narrowed its net losses by over a third, driven by improved store-level profitability and delivery efficiencies. |
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
