Zepto targets Rs 11,000-Cr IPO listing by July 31 after SEBI nod
Quick commerce player Zepto plans a Rs 11,000-crore IPO in July, eyeing listing before July 31. Operating 1,255 dark stores across 61 cities at 21 stores per city, Zepto's metro-density bet contrasts Blinkit's wider footprint. Last raised $450M at $7B valuation.
What happened
Zepto plans to launch its Rs 11,000-crore IPO in July, targeting listing before July 31 after SEBI approval. The quick commerce player operates 1,255 dark
Key facts
- Rs 11,000 crore IPO
- 1,255 dark stores
- 61 cities
- 21 stores per city
- $450 million funding
- $7 billion valuation
- July 31 listing target
Why this matters
Zepto's listing window compresses the M&A clock for rivals and grocery incumbents who need a quick-commerce answer before a listed Zepto raises the price of entry.
Also reported by
- YourStory — Same time