Zepto IPO Details: ₹11,000 Crore Issue Size, Date, GMP, Review & Allotment
Zepto, the leading quick-commerce platform in India, is set to launch its highly anticipated Initial Public Offering (IPO) in early 2026. The company has made significant progress towards its listing ambitions and is targeting a major fundraising event, aiming to raise ₹11,000 crore through its IPO. This move will combine a fresh issue and an offer for sale, positioning Zepto as one of the largest startup IPOs in India for the year. Zepto board approves ₹11,000 crore IPO today on 27th December 2025.
IPO Dates and Issue Details
The Zepto IPO is tentatively scheduled to open in the first half 2026. The listing will be on both the BSE and NSE platforms. The issue is a book-built IPO, meaning the final price band will be determined after the bidding process. The expected price per share is around ₹2,750, with a minimum investment for retail investors estimated at ₹14,900 per lot. The exact lot size and reservation details will be confirmed closer to the opening date.
| Aspect | Expected Details |
|---|---|
| IPO Open Date | Early 2026 |
| IPO Close Date | TBA |
| Listing Date | TBA |
| Issue Type | Fresh Issue + Offer for Sale |
| Total Issue Size | ₹11,000 crore Board Approves |
| Price Band | TBA |
| Minimum Investment | TBA |
| Lot Size | To be announced |
Zepto DRHP and RHP File
| DRHP File | Coming Soon |
| RHP File | Coming Soon |
IPO Reservation
The Zepto IPO will be reserved as follows: 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs). Allotment will be handled by Link Intime India Private Limited or Bigshare Services Private Limited, with status checks available on their respective portals after the IPO closes.
Zepto IPO GMP and Review
Market sentiment for the Zepto IPO remains mildly bullish, with the grey market premium (GMP) currently around ₹240, indicating strong investor interest. The GMP is expected to fluctuate based on the final price band and subscription levels. Zepto’s business model, rapid expansion, and strong backing from global investors have contributed to this positive outlook.
Anchor Investors and Merchant Bankers
Zepto has secured anchor investors from major global funds, including General Catalyst, Avenir Growth, and CalPERS. The company’s merchant bankers for the IPO include Goldman Sachs and Morgan Stanley, who are managing the issue and will oversee the listing process.
Promoters and Holding Pattern
The promoters of Zepto are Aadit Palicha and Kaivalya Vohra. Prior to the IPO, their combined holding is expected to be around 15-20%, which will decrease post-IPO due to dilution. The company has recently increased its domestic shareholding to over 40% after secondary deals with Motilal Oswal and Raamdeo Agrawal, enhancing its appeal to Indian investors.
| Promoter Name | Estimated Pre-IPO Holding (%) |
|---|---|
| Aadit Palicha | 10-12 |
| Kaivalya Vohra | 5-8 |
| Domestic Shareholding | 40+ |
Zepto Company Information
Aadit Palicha and Kaivalya Vohra, two Stanford University dropouts who saw a big hole in India’s grocery delivery market, started Zepto in 2021. It is India’s first quick-commerce startup. The founders turned their idea into a tech-driven firm that offers super-fast grocery deliveries, frequently within 10 minutes. It all started as a basic WhatsApp group during the pandemic. Their first project, KiranaKart, grew into Zepto, which today runs a large network of dark businesses in key Indian cities. This has changed the way people get their everyday needs.
Vertical integration, a scalable dark-store concept, and a constant focus on speed and customer experience are what make the company successful. The founders of Zepto, who are both in their early twenties, are among the youngest people in India to launch a billion-dollar business. Their trip from Mumbai to Stanford and back to India shows how committed they are to using new ideas to solve real-world problems.
Zepto has grown quickly, and currently has more than 1,000 dark storefronts in ten major cities, servicing hundreds of thousands of clients every day. Global investors, such as General Catalyst, Avenir Growth, and CalPERS, have given the company money several times, which has helped Zepto reach a value of over $7 billion by 2025. Zepto is one of the best companies in India’s burgeoning quick-commerce sector since it has a strong logistical network and is dedicated to technology.
Zepto has expanded its product range beyond grocery to include food, pharmacy, and other necessities, which has led to more orders and a larger market reach. The corporation has also come up with new services like Atom and retail media, which use its platform to make money from traffic and data. Zepto has become a leader in the quick-commerce field thanks to its constant growth and new ideas. It has set new standards for speed and dependability.
Zepto’s tale isn’t only about technology and logistics; it’s also about ambition, determination, and vision. As it gets ready for its IPO in 2026, Zepto continues to inspire a new generation of business owners and change the future of retail in India.
Company Financials and Valuation
Zepto’s latest funding round in October 2025 valued the company at $7 billion, up from $5 billion in August 2024. The startup has raised over $1.6 billion across nine rounds from investors such as General Catalyst, StepStone Group, and Lightspeed Venture Partners. Its financials reflect rapid growth, with a projected annual revenue increase of over 40% until 2030.
| Metric | Details |
|---|---|
| Latest Valuation | $7 billion |
| Funding Raised | $1.6 billion (9 rounds) |
| Revenue Growth | 40%+ annually |
| Domestic Ownership | 40%+ |
Peer Company Comparison
Zepto competes with other major quick-commerce platforms such as Blinkit (owned by Zomato) and Instamart (owned by Swiggy). Zepto’s valuation and growth rate are among the highest in the sector, positioning it as a top contender for investors seeking exposure to India’s booming quick-commerce market.
| Company | Valuation (USD) | Ownership Type | Key Investors |
|---|---|---|---|
| Zepto | $7 billion | Financial Investors | General Catalyst, CalPERS |
| Blinkit | $5 billion | Zomato (Corporate) | Zomato, Tiger Global |
| Instamart | $5 billion | Swiggy (Corporate) | Swiggy, SoftBank |
Zepto Office Address and Contact Details
Zepto’s corporate headquarters is located at Second Floor, 773, Sarjapur Main Road, Kaikondarahalli, Bellandur, Bangalore, Karnataka, 560103, India. This is the company’s main operational and administrative office as of 2024.
For legal and official correspondence, Zepto’s registered address is Hiranandani Lighthall A Wing, 6th Floor, Saki Vihar Road, Andheri East, Mumbai, Maharashtra, 400072, India.
Website: https://zepto.com
Email: support@zeptonow.com
Phone Number: 022 4893 0234
Mr. Nadim Abbas M G is an Intermediate Chartered Accountant with a strong background in Information Technology. He combines his expertise in IT with a deep understanding of the stock market, making him a valuable resource for both financial and technical insights. With hands-on experience in accounting, IT systems, and stock market analysis, Nadim excels in bridging the gap between finance and technology, offering strategic advice and expert guidance in both domains.
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