By BullScreen Editorial Team 
Quick commerce company Zepto has moved a step closer to its stock market listing after filing an updated draft red herring prospectus (UDRHP) with market regulator Sebi for its upcoming initial public offering (IPO). The company plans to raise up to Rs 8,010 crore through a fresh issue of 1,60,20,000 equity shares with a face value of Rs 5 each.
The IPO will also include an Offer for Sale (OFS) component from existing investors, potentially taking the total issue size to between Rs 9,000 crore and Rs 10,000 crore, according to reports. Investors participating in the OFS include Nexus Ventures, Contrary ZEP Holdings, Razor Ventures Zepto, Kaiser Foundation Hospitals and Kaiser Permanente Group Trust. The final OFS size will be decided closer to the launch date.
Zepto intends to use the fresh issue proceeds to expand its dark store network across current and new markets. The company also plans to strengthen cloud infrastructure and technology capabilities, fund lease expenses for existing facilities, support marketing efforts through its subsidiary Zepto Marketplace Pvt Ltd, and explore inorganic growth opportunities.
The filing comes as Zepto prepares for a targeted stock market debut before July 31. The startup initially submitted its IPO papers through the confidential route in December 2025.
The company enters public markets with strong private funding support. In October 2025, Zepto raised $450 million, equivalent to nearly Rs 3,757 crore, at a valuation of $7 billion. The startup had earlier reached unicorn status in 2023 with a valuation of $1.4 billion.
Founded by Aadit Palicha and Kaivalya Vohra, Zepto has rapidly emerged as one of India’s leading quick commerce players. Its IPO is expected to be closely watched by investors as competition intensifies in the fast-growing 10-minute delivery segment and startup listings gain momentum in the Indian market.