Fast commerce large Zepto is planning to go public within the subsequent two to a few quarters, CEO and co-founder Aadit Palicha advised employees throughout a company-wide city corridor, including that the corporate won’t must refile its draft IPO papers with the Securities Change Board of India (SEBI).

In keeping with Moneycontrol, the revised timeline would place the fast commerce startup’s IPO between February and Might 2027.

Palicha mentioned the corporate is ready for its monetary metrics to enhance and market situations to change into extra beneficial earlier than itemizing.

He additionally advised workers that Zepto has till November 2027 to finish its itemizing and can solely must submit up to date monetary statements as an addendum to its current draft IPO paperwork.

The feedback got here a day after Zepto had paused work on its IPO and opted to boost greater than Rs 1,000 crore (about $100 million) in a pre-IPO funding spherical from current traders, together with Glade Brook, Normal Catalyst, Goodwater Capital and Nexus Enterprise Companions.

Beneath SEBI guidelines, firms making ready for an IPO can elevate as much as 20% of their proposed contemporary problem by means of such a placement, however the quantity raised will get deducted from the contemporary problem measurement of the eventual IPO.

One of many core causes for the pause is probably going that Zepto’s valuation expectations have additionally fallen sharply.

Home mutual funds evaluating the pre-IPO spherical, together with SBI Mutual Fund, ICICI Prudential, Kotak, and HDFC, have been pricing the corporate between $2.5 billion and $3 billion submit cash, whereas different estimates for the spherical go as much as $4.5 billion.

Even on the larger finish, that is properly beneath the $7 billion valuation at which Zepto raised $450 million in October 2025.

Studies additional mentioned that mutual funds evaluating the deal reportedly flagged issues over Zepto’s money burn. The corporate was burning over Rs 900 crore per quarter at one level, leaving it with roughly three quarters of money reserves. This has since been introduced all the way down to round Rs 700 crore per quarter, extending its runway by a few extra quarters.

The corporate’s IPO had earlier been anticipated round July 2026.

Based in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has grown into one in all India’s largest fast commerce platforms by means of a dense community of darkish shops providing quick grocery supply.