Zepto’s IPO will comprise a fresh issue of up to ₹8,010 Cr and an OFS of up to 11.35 Cr shares
Nexus Ventures, Kaiser Permanente, and Contrary ZEP Holdings are among the investors who plan to offload shares via the OFS
Zepto’s loss widened 26% YoY to ₹5,905.2 Cr in FY26, while operating revenue more than doubled to ₹22,623.6 Cr
Quick commerce major Zepto has filed its updated draft red herring prospectus (UDRHP) with the SEBI weeks after getting the regulator’s go-ahead.
The proposed public offering is expected to comprise a fresh issue of shares worth INR 8,010 Cr. Meanwhile, its investors intend to offload a cumulative 11.35 Cr shares via the IPO. Investors like Nexus Venture Partners, Contrary Capital, Kaiser, among others will participate in the offer-for-sale (OFS) component of the IPO.
A large chunk of the fresh capital raised via the IPO will be used to expand its Zepto’s dark store network. The company will also be investing the capital in its subsidiary Zepto Marketing and use a portion of the capital to fund inorganic growth activities as well as general corporate purposes.
On the financial front, the company’s net loss widened 26% to ₹5,905.2 Cr in FY26 from ₹4,699.7 Cr in the previous fiscal year. Operating revenue more than doubled to ₹22,623.6 Cr during the year under review from ₹11,109.9 Cr in FY25.
(The story will be updated soon)
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