Zepto files for $1.1bn IPO as FY26 revenue doubles to Rs 22,624 cr, losses widen to Rs 5,905 cr
UDRHP reveals revenue 2x to Rs 22,624 cr in FY26, but losses balloon 26% to Rs 5,905 cr on Rs 3,046 cr delivery and Rs 1,389 cr ad spend. Adj EBITDA per order at -Rs 78.75, ROCE -74.8%. ED summons to founders over foreign investments adds regulatory overhang ahead of listing.
Zepto's UDRHP for $1.1bn IPO shows FY26 revenue doubling to Rs 22,624 cr but losses widening to Rs 5,905 cr amid heavy CAC and dark-store spend. ED summons to founders over foreign investments adds regulatory overhang.