Overview
- Reports say the quick-commerce firm has submitted a pre-filed draft red herring prospectus to SEBI for an issue of roughly Rs 11,000 crore through a mix of new shares and an offer for sale.
- Shareholders cleared the fundraise plan at an extraordinary general meeting on December 23, authorising up to Rs 11,000 crore via the public offer.
- Zepto has appointed Morgan Stanley, Axis Capital, HSBC, Goldman Sachs, JM Financial, IIFL Securities and Motilal Oswal as bookrunners for the issue.
- The company is working toward a July–September 2026 listing window, with the confidential process allowing adjustments to size and timing before a public launch.
- Context for investors includes a $7 billion valuation after a $450 million October 2025 round, approximately $1.8 billion raised to date, more than 900 dark stores as of September 2025 and reported FY25 revenue of about Rs 11,110 crore.