Zepto files UDRHP for Rs 8,010 Cr IPO; Nexus Ventures leads 113.47M share OFS
Quick commerce player Zepto filed updated draft papers with SEBI for an IPO combining a Rs 8,010 cr fresh issue and 113.47 million share OFS, with Nexus Ventures claiming 77% of the secondary sale. FY26 revenue doubled to Rs 22,623 cr while losses widened 25% to Rs 5,905 cr.
What happened
Zepto filed UDRHP-I with SEBI for IPO comprising Rs 8,010 cr fresh issue and 113.47 mn share OFS led by Nexus Ventures. FY26 revenue doubled to Rs 22,623 cr;
Key facts
- Rs 8,010 cr fresh issue
- 113.47 mn OFS shares
- Rs 1,602 cr pre-IPO
- FY26 revenue Rs 22,623 cr (2x YoY)
- FY26 loss Rs 5,905 cr (+25%)
Why this matters
Zepto's UDRHP filing crystallizes a public-market comp for quick commerce in India, opening windows for strategic tie-ups, category JVs, or defensive M&A by grocery incumbents and logistics players ahead of listing.