Quick commerce unicorn Zepto is set to list on the Indian stock exchange next year. The company is planning to confidentially file its draft red herring prospectus (DRHP) with market regulator SEBI on Friday, December 26, so that it can soon become one of the youngest startups to be listed on the Indian stock exchanges. If Zepto’s IPO is successful, it will join its rivals like Zomato and Swiggy, which have already listed on the stock exchange. This move by Zepto is likely to add another big name to the Indian stock market.
Purpose of confidential pre-filing
According to sources, Zepto is set to file its DRHP with SEBI confidentially on December 26, and this will be an important step for the company. The purpose of this confidential pre-filing is to obtain early feedback from SEBI, which will give the company an opportunity to make necessary corrections in its documentation, without releasing it publicly. This method is proving to be extremely useful for companies that want more flexibility in the IPO process and want to have time to change their strategy according to market conditions.
What is the valuation of the company?
Zepto, which currently has a valuation of $7 billion (about Rs 56,000 crore), has raised a total funding of $1.8 billion (about Rs 16,000 crore) so far. In October 2025, the company closed a funding round of $450 million (approximately Rs 3,757.5 crore) led by California Public Employees’ Retirement System, taking its valuation to $7 billion. Zepto had raised $200 million (roughly Rs. 1,400 crore) in its Series E funding round in August 2023, taking its valuation to $1.4 billion and achieving unicorn status.
Zepto suffers cash loss of Rs 1,000-1,100 crore
Zepto was founded by Stanford University dropouts Aditya Palicha and Kaivalya Vohra. The company has rapidly expanded its 10-minute grocery delivery service across major cities in India and has set up more than 900 dark stores so far. By September 2025, Zepto suffered a cash loss of Rs 1,000-1,100 crore, while its gross sales had reached $3 billion (about Rs 26,000 crore). These figures are a major milestone for the company, helping it gain an important place in the Indian and global startup world.
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