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Zepto files updated DRHP for $1 billion IPO
Synopsis
Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts, following earlier confidential filings and regulatory approval.
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Quick commerce company Zepto on Monday filed its updated draft red herring prospectus with the Securities and Exchange Board of India for a $1 billion (Rs 9,000-9,500 crore) initial public offering, moving closer to one of the most anticipated new-age listings of the year.
The IPO will comprise a fresh issue of Rs 8,010 crore and an offer-for-sale component of 113 million shares by existing investors and shareholders, according to the updated prospectus. The five-year-old company had filed its IPO papers confidentially with Sebi in December 2025 and received the regulator’s approval in May.
The IPO will comprise a fresh issue of Rs 8,010 crore and an offer-for-sale component of 113 million shares by existing investors and shareholders, according to the updated prospectus. The five-year-old company had filed its IPO papers confidentially with Sebi in December 2025 and received the regulator’s approval in May.
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