Zepto's Rs 8,010 cr IPO faces scrutiny as FY26 EBITDA loss hits Rs 5,040 cr despite Rs 22,623 cr revenue
Updated DRHP shows Zepto scaling to 640 mn orders, 47.97 mn users and 1,139 dark stores with plans for 1,904 more by FY30. But Rs 5,040 cr EBITDA loss and AOV of just Rs 387 test public-market patience as Blinkit, Instamart, Amazon and Flipkart Minutes intensify the quick-commerce war.
Zepto's updated DRHP details Rs 80,100 mn fresh IPO issue, Rs 22,623 cr FY26 revenue, 640 mn orders and 1,139 dark stores, but Rs 50.4 bn EBITDA loss raises profitability questions versus Blinkit and Instamart amid Amazon, Flipkart Minutes expansion.