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Zepto gets SEBI nod for $1B IPO as quick commerce firms gear up to go public

India
Published on 9 May 2026
Zepto gets SEBI nod for $1B IPO as quick commerce firms gear up to go public

SEBI observations cleared, but IPO size could shrink

Quick commerce giant Zepto has received key SEBI approvals, with observations issued on its draft red herring prospectus between May 4 and 8 as part of a batch covering six firms. The company’s IPO is currently expected around Rs 8,000–9,000 crore, down from an earlier Rs 11,000–12,000 crore, setting up a public debut alongside Zomato and Swiggy.

  • SEBI issued observations on Zepto’s DRHP as IPO process advances
  • Founded in 2020, Zepto is now five years from an IPO-ready listing
  • Expected IPO size revised down to Rs 8,000–9,000 crore
  • Zepto would join Zomato and Swiggy on Indian exchanges
Read the full story at YourStory

This summarization was done by Beige for a story published on YourStoryYourStory

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