Zepto targets Rs 11,000 cr IPO by July 2026, chasing listed rivals Zomato and Swiggy

Quick commerce player Zepto plans an Rs 11,000-crore public float by July 2026 pending SEBI approval. The company operates 1,255 dark stores across 61 cities at ~21 stores per city, prioritising urban density over geographic sprawl. Last raised $450M at a $7B valuation.

— Filed Fri, 22 May, 2026, 10:24 IST · Source ET Hospitality · Updated

Zepto plans to launch an Rs 11,000-crore IPO by July 2026 after SEBI approval, joining listed rivals Zomato and Swiggy. The quick commerce player operates 1,255 dark stores across 61 cities, focusing on urban density over geographic expansion.

Why this matters

Zepto's IPO push follows months of scaling dark store density and capital raises, positioning it directly against listed peers Zomato and Swiggy in India's quick commerce race.

Retail-company signals steady at 905 in the last 90 days.