Zepto Files Confidential IPO Papers, Targets 2026 Debut

• Quick commerce operator Zepto Ltd confidentially filed draft papers for an Initial Public Offering (IPO).
• The confidential filing allows Zepto to fine-tune its offering structure and disclosures before public launch.
• Zepto aims for a market debut between July and September 2026, with Morgan Stanley, Axis Capital, and others as lead managers.
• Valued at $7 billion in October 2025, Zepto saw FY25 revenue jump to ₹11,109 crore, though net loss widened to ₹3,367 crore.
• The company added 1.2 million weekly active users by December 15, outperforming competitors like Blinkit and Swiggy Instamart.

Why It Matters: Zepto is moving towards an IPO with strong user growth, despite widening losses, targeting a 2026 market debut.