Another IPO of quick commerce sector is going to come in the market. After Swiggy and Zomato, Zepto is also preparing to launch an IPO. The company can file the issue in June and is planning to launch it in July. According to ET report, the company can raise $ 1 billion from this offering. Its issue size can be Rs 9.5 thousand crores.
According to the ET report, this 10-minute delivery platform can start roadshows for investors by the end of next month and aims to launch the IPO in early July. The offer is expected to include a fresh issue of shares as well as a secondary sale of shares by existing investors. The amount received from this can be used for the expansion of the company. He told that talks are still going on and other details including the size and timing of the IPO may still change.
This could be the second big IPO of this year
This offering of Zepto could become the second IPO in India this year to touch the $1 billion mark after the proposed share sale of SBI Funds Management. These deals could help revive the market, which had been sluggish due to the slow pace of deals, as investors assess the economic impact of the Iran war. Local companies have raised a total of $3.5 billion by selling shares for the first time so far in 2026, far below the record levels of the past two years.
The company had got good valuation
The company had achieved a valuation of $7 billion in its previous $450 million funding round in October. It is owned by Amazon.com Inc. along with the Indian unit of Swiggy Ltd., Eternal Ltd. It competes with competitors like Zomato and Tata Group’s BigBasket. Zepto is inviting Axis Capital Ltd., Motilal Oswal Investment Advisors Ltd. for this share sale. and Morgan Stanley, HSBC Holdings Plc and Goldman Sachs Group Inc. Is working closely with local units.
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