Zepto IPO, Open Date, Issue Size, Price Band and UDRHP Filed

Zepto Limited, one of India's leading quick commerce platforms, has filed an Updated Draft Red Herring Prospectus (UDRHP-I) with SEBI for its upcoming Initial Public Offering (IPO). The Zepto IPO has attracted attention among investors tracking upcoming IPOs in India, particularly in the quick commerce and e-commerce segment.

The company operates an app service platform for grocery and daily essentials delivery and serves customers across multiple cities in India. With the filing of the UDRHP, Zepto has taken a key step toward its proposed public listing.

Zepto IPO Details in Brief

Zepto IPO Date

Current Status: UDRHP-I Filed with SEBI

Zepto Limited filed its Updated Draft Red Herring Prospectus (UDRHP-I) with SEBI on June 8, 2026.

Expected Timeline: While the exact IPO dates have not been announced, the IPO process typically takes around 4–6 months after regulatory approvals. The company has proposed to list its equity shares on both BSE and NSE.

Key Dates to Watch

Zepto IPO Size

As per the UDRHP-I, the Zepto IPO consists of a combination of a Fresh Issue and an Offer for Sale (OFS).

• Fresh Issue: Up to ₹8,010 crore
• Offer for Sale (OFS): Up to 113,466,566 equity shares of face value ₹5 each

The Offer for Sale includes shares being sold by existing shareholders such as Nexus Ventures VI Holdings, LLC, Nexus Ventures VII Holdings, LLC, Contrary ZEP Holdings LLC, Razor Ventures Zepto LLC, Kaiser Foundation Hospitals, and Kaiser Permanente Group Trust.

The total issue size in rupee terms will be finalized after the announcement of the price band.

Zepto IPO Price Band

Price Band: To be announced

The Zepto IPO price band and minimum bid lot will be finalized closer to the IPO opening date and disclosed in the Red Herring Prospectus (RHP). The issue will follow the 100% book-building process, with pricing determined based on investor demand.

About Zepto

Zepto Limited was originally incorporated in December 2020 as Kiranakart Technologies Private Limited. The company changed its name to Zepto Private Limited in April 2025 and was converted into a public limited company in December 2025.

The company operates a quick commerce platform that enables customers to order groceries and daily essentials through its digital ecosystem.

Business Highlights

Zepto operates in the quick commerce and e-commerce sector and focuses on the online delivery of groceries and daily essentials. The company follows a technology-driven business model designed to offer fast delivery services to customers across multiple cities in India.

The company is promoted by Aadit Palicha, Kaivalya Vohra, Lazarus Trust, The Vohra Trust, Kavit Palicha, and Jaideep Vohra. Zepto has its registered office in Mumbai and corporate office in Bengaluru.

Zepto IPO: Objects of the Issue

As per the UDRHP-I, the company proposes to utilize the net proceeds from the Fresh Issue towards funding capital expenditure requirements, investment in subsidiaries, strengthening technology and business operations, and meeting general corporate purposes.

Further details regarding the utilization of proceeds are expected to be disclosed in the Red Herring Prospectus (RHP).

Zepto Consolidated Financials

(Amount in Rs Cr)

(Detailed financial statements are available in the Financial Information section of the UDRHP.)

Quick Commerce Sector in India

The Zepto IPO comes at a time when India's quick commerce sector is in an evolving stage, with constantly increasing digital adoption and shifting consumer preferences. The company services in the online grocery and instant delivery segment, which forms part of the broader e-commerce ecosystem.

The quick commerce industry has seen increased participation from players offering fast delivery of groceries and daily essentials, making it an important segment within India's digital economy.

Conclusion

The Zepto IPO represents a development in India's quick commerce and e-commerce sector, with one of the country's major digital grocery delivery platforms moving toward a public listing.

The company's technology-driven business model and presence in the quick commerce segment place it within a rapidly evolving industry. Investors may evaluate factors such as financial performance, profitability trends, and growth strategy as more information becomes available.

As SEBI's review progresses and the company moves toward filing its RHP, further clarity on the Zepto IPO date, price band, and valuation is expected.

For investors tracking quick commerce IPOs, e-commerce IPOs, and upcoming IPOs in India in 2026, the Zepto IPO remains among the issues to watch.