Zepto files UDRHP for ₹8,010 cr IPO; discloses ED summons and CCI predatory pricing probe
Zepto refiled IPO papers with SEBI, seeking ₹8,010 cr fresh issue plus 11.34 cr OFS shares. FY26 revenue doubled to ₹22,624 cr across 1,139 dark stores and 4.79 cr users, but losses widened to ₹5,905 cr. Filing also flags FEMA summons to founders and a CCI predatory pricing probe.
What happened
Zepto filed UDRHP with SEBI for IPO with Rs 8,010 cr fresh issue plus OFS. FY26 revenue doubled to Rs 22,624 cr but losses widened to Rs 5,905 cr. Disclosed ED
Key facts
- 8010 crore fresh issue
- 11.34 crore OFS shares
- Q4FY26 net loss 1538.67 crore
- FY26 revenue 22623.58 crore (+103.63%)
- FY26 loss 5905.19 crore
- 1139 dark stores
- 4.79 crore annual users
- 21 crore Q4 orders
Why this matters
Zepto's pre-IPO regulatory overhang—FEMA summons and CCI probe—creates a window for strategic acquirers or grocery incumbents to pressure-test partnership or stake terms before listing.