Zepto Targets ₹11,000-Crore IPO Listing Before July 31
Quick commerce player Zepto plans a ₹11,000-crore public issue in July, pending SEBI approval. The Bengaluru-based firm operates 1,255 dark stores across 61 cities at ~21 stores per city, betting on density to outpace Blinkit and Swiggy Instamart. Last private round: USD 450M at USD 7B valuation.
Zepto plans an ₹11,000-crore IPO launch in July, targeting listing before July 31 after SEBI approval. The quick commerce firm operates 1,255 dark stores across 61 cities with a density-focused strategy versus rivals Blinkit and Swiggy.
Why this matters
Zepto's IPO size has scaled from ~$1B and ₹8,000-9,000 crore in earlier filings to ₹11,000 crore now, after clearing SEBI's hurdle and preparing an updated DRHP.
Retail-company signals steady at 805 in the last 90 days.