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Zepto has received approval to convert from private limited to public limited company and the company is preparing to file draft papers with SEBI this month. The target is to launch the IPO by June 2026. Currently, Zepto’s valuation is USD 7 billion and till now funding of USD 1.8 billion has been raised.
A big news related to the quick commerce sector has come to light in Delhi. Zepto has officially cleared the way to become a public company. The company said that its shareholders have approved the proposal to convert from private limited to public limited company. This decision has come at a time when Zepto’s growth is continuously accelerating and its grip in the market is becoming stronger.
According to sources, Zepto is preparing to file its draft papers with SEBI this month and the company wants to launch its IPO by June 2026. Amidst the tough competition in the quick commerce market, this step of Zepto is being considered a big turning point in the industry because till now there have been only a few startups which have gone to the public market.
Preparation for public listing of Zepto
According to the company’s regulatory filing, the shareholders approved this proposal in the voting held on November 21. This means that Zepto is now going to legally change its structure to become a public limited company. After this the company will send its draft red hair prospectus to SEBI and then the remaining processes will be completed.
Financial strength of the company
Zepto’s valuation is currently around USD 7 billion and this company, which was started in July 2021, has so far raised funding of USD 1.8 billion i.e. around Rs 16000 crore. By September 2025, Zepto was running more than 900 dark stores across the country. During this period the company registered gross sales of USD 3 billion i.e. approximately Rs 26000 crore.
According to the company, 20 to 25 percent growth in order volume is being seen every quarter. Along with this, the burn of the company is also gradually decreasing and this is the reason why investors are seeing capital efficiency in it. According to the spokesperson, Zepto is proving its efficiency with more than 100 percent year on year growth.
Big competition in quick commerce industry
The competition for quick commerce in India has become very intense which includes players like Blinkit, Swiggy Instamart and BigBasket Now. In such a situation, Zepto’s rapid growth and preparation to go to the public market could also be the beginning of change in this sector. Young entrepreneurs like Zepto founders Adit Palicha and Kaivalya Vohra have given a new direction to this market in a short time.
