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Zepto gets SEBI greenlight for IPO as updated DRHP set within weeks sources say

Startups
Published on 14 May 2026
Zepto gets SEBI greenlight for IPO as updated DRHP set within weeks sources say

Its IPO draft will be updated in just weeks

Quick commerce firm Zepto has received SEBI approval to proceed with its IPO, paving the way for an updated draft red herring prospectus to be filed in about six to eight weeks. Sources say the company is targeting a sizable listing potentially worth Rs 11,000–12,000 crore, with sizing and pricing still not final. Zepto is also reported to hold Rs 6,000–7,000 crore in cash. The move comes as rivals like Blinkit and Instamart see growth moderation but improving profitability.

  • SEBI has approved Zepto’s IPO, per sources
  • Zepto’s updated DRHP is expected in 6 to 8 weeks
  • IPO size target discussed at about Rs 11,000–12,000 crore
  • Another estimate puts the IPO at Rs 8,000–9,000 crore
  • Company’s cash on books reportedly around Rs 6,000–7,000 crore
  • Zepto averages 2.4–2.5 million orders a day, up 25–30%
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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