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Zepto IPO Gets Green Light from Sebi
8 May
Summary
- Zepto received Sebi's approval for its initial public offering.
- The company aims for an IPO size of Rs 11,000-12,000 crore.
- Zepto targets full-year profitability by fiscal 2029.

Quick commerce startup Zepto has received approval from Sebi for its initial public offering (IPO). This crucial nod means Zepto will file an updated draft red herring prospectus (DRHP) within the next six to eight weeks. The company had previously submitted a confidential DRHP for an IPO estimated between Rs 11,000-12,000 crore.
The proposed IPO is expected to be largely comprised of a primary issuance, though the final size and pricing are subject to revision. Zepto has also begun engaging with institutional investors as part of its pre-IPO roadshows. The company is projecting to achieve full-year post-tax profitability by fiscal year 2029, while maintaining a growth rate of 25-30% quarter-on-quarter.