Zepto Files for 11,000 Crore IPO, Eyes 2026 Stock Market Debut
Quick-commerce unicorn confidentially submits IPO draft to SEBI as it prepares one of India’s largest tech listings
Quick-commerce unicorn confidentially submits IPO draft to SEBI as it prepares one of India’s largest tech listings
Bengaluru-based quick-commerce company Zepto has taken a major step toward going public by filing for an initial public offering (IPO) aimed at raising ?11,000 crore through a confidential draft filing with the Securities and Exchange Board of India (SEBI).
The confidential filing route allows companies to engage with SEBI and refine their prospectus before a public launch, offering flexibility on timing, issue size and regulatory feedback. Zepto’s move positions it for a potential listing in 2026, which would make it one of the youngest startups to debut on Indian stock exchanges at this scale.
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto’s platform promises ultra-fast delivery often within 10 minutes and offers a catalogue of over 45,000 products across groceries and essentials. The company was valued at around $7 billion in its October 2025 funding round, where it raised $450 million led by the California Public Employees’ Retirement System (CalPERS)
Zepto has rapidly expanded its footprint with hundreds of dark stores in major urban centres and reported strong gross sales, though the quick-commerce segment remains highly competitive against listed rivals such as Swiggy’s Instamart and Blinkit (via Zomato’s parent Eternal). If the IPO proceeds as planned, Zepto will join a growing cohort of Indian tech startups tapping public markets to fuel growth, strengthen credentials, and unlock returns for private investors ahead of broader strategic expansion