Zepto refiles DRHP for $1bn IPO at $10bn valuation, eyes July listing

Quick commerce challenger Zepto filed updated DRHP with Sebi for a $1bn IPO — Rs 8,010 cr fresh issue plus 11.3 cr share OFS from Nexus and Contrary — targeting a $10bn valuation versus its last $7bn round. Listing pegged for July, intensifying the public-market face-off with Blinkit-parent Eternal.

— Source publishedTue, 9 Jun, 2026, 08:17 IST·First seen Tue, 9 Jun, 2026, 08:42 IST·Source Times of India · Business

What happened

Quick commerce player Zepto filed updated DRHP with Sebi for a $1 billion IPO targeting July listing, seeking Rs 8,010 crore fresh issue plus 11.3 crore share

Key facts

  • Rs 8,010 crore fresh issue
  • 11.3 crore shares OFS
  • $1 billion total issue
  • $10 billion target valuation
  • $7 billion last valuation
  • Blinkit 40%+ share
  • Instamart 20%+
  • Zepto 20%+

Why this matters

Twin listed quick-commerce comps (Eternal/Blinkit and Zepto) will reset M&A and partnership multiples across grocery, logistics, and dark-store real estate.