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Zepto Ltd.

unknown

Price Range

TBA

Issue Size

TBA

Lot Size

1 Shares

Min. Investment

TBA

Financial Summary

(in crores)
ParticularsFY 2025-26FY 2023-24
Operating Revenue2,26,235.8444,545.16
Other Income5,047.94896.56
Total Income2,31,283.7845,441.72
Total Expenses2,78,676.9955,733.4
Profit Before Tax-59,051.92-12,070.42
Total Profit-59,051.92-12,147.94

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

Listing Date

TBA

Use of Proceeds

#PurposeAmount (₹ Cr)
1Expenditure for expansion of our dark store network through setting up of new dark stores 16,289.75

Promoters

Lazarus Trust

Promoter Shareholding

Pre-IPO

69.29%

Promoter stake

Post-IPO

N/A

Promoter stake

About the Company

Zepto is the fastest growing quick commerce platform in India in terms of order volume between Fiscal 2024 and Fiscal 2026 amongst scaled quick commerce platforms; and during this period, Zepto’s order volume grew at a CAGR of approximately 119.50%, significantly outpacing industry growth, per the Redseer Report. We are focused on the quick commerce business and our target is to provide quick delivery to users. In Fiscal 2026, an average of 46,623 SKUs (ranging from fresh F&V to household electronics and cosmetics) were listed on our platform (at a dark store geography level4), and sold by Merchant Partners through an intuitive digital interface and a network of 1,139 dark stores, as of March 31, 2026. Our network of dark stores is powered by a backend supply chain infrastructure that enables our Merchant Partners to offer fast moving consumer goods (“FMCG”) products from manufacturers and brands (such as Coca Cola, Colgate, Nivea and Cello) to fruits and vegetables (“F&V”) from our Farmer Partner Network across India on our platform. This supply chain is automated (an average of 3,999,192 units per day were processed by automated infrastructure in the three months period ended March 31, 2026) and operates on an in-house software for manpower productivity management, inventory forecasting and tracking, amongst other features. We have also built an extensive network of an average of 286,670.33 Active Delivery Partners on a “gig economy” model, delivering an average of 2,333,488 orders per day (“OPD”) in the three months period ended March 31, 2026, from our dark stores to our users. Our Delivery Partners are managed through an in-house delivery platform that matches demand forecasts with shift timings, digitizes cash collection for order payments, and gives Delivery Partners visibility into their earnings and weekly payouts.

Use of Proceeds

1.Expenditure for expansion of our dark store network through setting up of new dark stores in existing and new geographies; 2.Expenditure towards lease rentals of existing dark stores; 3.Investment in technology and cloud infrastructure;4.Investment in our Subsidiary, Zepto Marketplace Private Limited for marketing and business promotion expenses for enhancing the brand awareness and visibility of our platform; and 5.Funding inorganic growth through unidentified acquisitions and general corporate purposes.