Z

Zepto Ltd.

NSE & BSE
unknown

TBA

TBA

1 Shares

TBA

₹5

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
2,26,235.841,11,099.47
5,047.944,928.07
2,31,283.781,16,027.54
2,78,676.991,56,992.86
-59,051.92-46,954.33
-59,051.92-46,997.14

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

TBA

Use of Proceeds

#PurposeAmount (₹ Million)
1Expenditure for expansion of our dark store network through setting up of new dark stores 16,289.75
2Expenditure towards lease rentals of existing dark stores17,349.41
3Investment in technology and cloud infrastructure13,247.83
4Investment in our Subsidiary, Zepto Marketplace Private Limited for marketing and business promotion5,200

Promoters

Aadit PalichaKaivalya VohraLazarus TrustThe Vohra TrustKavit PalichaJaideep Vohra

Book Running Lead Managers

Axis Capital Ltd.Morgan Stanley India Co Pvt LtdGoldman Sachs (India) Securities Pvt LtdMotilal Oswal Investment Advisors Pvt LtdHSBC Securities and Capital Markets (India) Pvt Ltd.JM Financial Consultants Pvt LtdIIFL Capital Services Ltd.

Promoter Shareholding

Pre-IPO

69.29%

Promoter stake

IPO Registrar

KFIN Technologies Ltd.

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.

IPO FAQs

The for the Zepto Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.

KFIN Technologies Ltd. is the for the Zepto Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Zepto Ltd. IPO shares are proposed to be listed on BSE and NSE.

Each Zepto Ltd. share has a of ₹5.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 69.29% of Zepto Ltd. before the IPO.

  1. 1.Expenditure for expansion of our dark store network through setting up of new dark stores in existing and new geographies
  2. 2.Expenditure towards lease rentals of existing dark stores
  3. 3.Investment in technology and cloud infrastructure
  4. 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
  5. 5.Funding inorganic growth through unidentified acquisitions and general corporate purposes

Axis Capital Ltd., Morgan Stanley India Co Pvt Ltd, Goldman Sachs (India) Securities Pvt Ltd, Motilal Oswal Investment Advisors Pvt Ltd, HSBC Securities and Capital Markets (India) Pvt Ltd., JM Financial Consultants Pvt Ltd and IIFL Capital Services Ltd. are the for the Zepto Ltd. IPO.

Pre-apply means placing your Zepto Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Zepto Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Zepto Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.