India’s market regulator SEBI has authorised the proposed IPO of fast commerce big Zepto, paving the way in which for one of the crucial carefully watched startup listings within the nation this yr.

In accordance with a Moneycontrol report, SEBI issued an statement letter to the Bengaluru-based agency, successfully giving it permission to proceed with its public providing.

Zepto is predicted to file an up to date draft crimson herring prospectus (DRHP) inside the subsequent six to eight weeks.

The IPO measurement is estimated at round Rs 8,000 crore to Rs 9,000 crore, with some studies pegging it at about $1 billion. Nevertheless, the ultimate problem measurement and pricing are but to be confirmed.

The general public problem is predicted to consist largely of a contemporary problem of shares, alongside an offer-for-sale by some early buyers.

Based in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has emerged as one of many main gamers in India’s quickly rising fast commerce market, the place corporations promise fast supply of grocery and necessities objects.

Whereas fast commerce corporations earlier closely promoted “10-minute supply” companies, the sector has just lately come below elevated authorities scrutiny over rider security and dealing situations.

Earlier this yr, the Union Labour Ministry requested Blinkit, Zepto, Instamart, and different fast commerce platforms to tone down fixed-time supply claims amid issues that such guarantees may encourage unsafe driving practices and place further strain on supply staff.

The itemizing comes amid intensifying competitors in India’s fast commerce sector, as corporations spend closely on growth, reductions and quicker deliveries in an effort to draw and retain clients.

Amazon has additionally introduced plans to increase Amazon Now to 100 cities, alongside a Rs 2,800 crore funding aimed toward strengthening affiliate security and operations. 

Earlier this yr, Blinkit’s mum or dad firm Everlasting injected Rs 450 crore into the enterprise via a rights problem.

Zepto’s IPO would place it alongside listed rivals resembling Swiggy and Everlasting, which owns Blinkit, and considerably strengthen its monetary place as competitors grows.

Zepto last raised $450 million in October 2025 at a valuation of $7 billion in a funding spherical led by the California Public Staff’ Retirement System (CalPERS). 

It has raised greater than $2.45 billion general from buyers together with Normal Catalyst, DST World and Lightspeed Enterprise Companions, based on media studies.

The startup has additionally taken steps forward of its deliberate market debut, together with shifting its domicile from Singapore again to India and changing itself from Zepto Non-public Restricted into Zepto Restricted.

Aadit Palicha-led startup’s itemizing is predicted within the July to September quarter of 2026 and will turn into one in every of India’s largest web IPOs since Swiggy.

On the monetary entrance, Zepto reported total income of Rs 9,668.8 crore within the monetary yr ending March 2025, up 129% from the earlier yr. Nevertheless, its internet loss widened to Rs 3,367.3 crore from Rs 1,214.7 crore a yr earlier.

The startup additionally shut down its loyalty and subscription programme, Zepto Each day, in February as a part of efforts to refine its buyer choices.