Zepto has received approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated initial public offering (IPO), marking a significant milestone in its journey towards becoming a publicly listed company.
The Bengaluru-based company is aiming to raise between $1.2 billion and $1.3 billion (₹10,000–12,000 crore) through the offering, which is expected to include a mix of fresh issue of shares and an offer for sale (OFS) by early investors.
Zepto’s IPO approval follows its use of the confidential filing route, a relatively new mechanism that allows companies to submit draft papers privately. This approach enables firms to refine their IPO structure and timing without immediately disclosing sensitive financial details to the public.
The listing is expected to take place in the July–September 2026 window, and is likely to be closely watched as a benchmark for India’s rapidly evolving quick commerce sector
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has emerged as one of the fastest-growing players in India’s ultra-fast delivery space.
The company was last valued at around $7 billion following a $450 million funding round in 2025 and has raised over $2.3 billion to date.
Zepto’s IPO is expected to be one of the most closely tracked tech listings in India, not just for its scale but for what it represents.
While multiple reports indicate that Zepto has received SEBI approval, some earlier reports suggested that regulatory clearance was still under process.
