Zepto's UDRHP flags 10 risks as ₹8,010 cr fresh issue, 113M-share OFS head to market
Zepto's updated DRHP lays bare the bull-bear tension: Q4FY26 revenue jumped 75% YoY to ₹7,498 cr across 1,139 dark stores, yet FY26 restated losses ballooned to ₹5,905 cr. Founders hold just 19.6%. IPO funds dark-store rollout, leases, tech and marketing.
Zepto filed updated DRHP with SEBI for IPO comprising ₹8,010 crore fresh issue and 113 million share OFS. Proceeds fund dark-store expansion, leases, tech and marketing. FY26 revenue rose 75% to ₹7,498 crore; losses narrowed but persist.