Jefferies: Zepto IPO, Swiggy QIP Won't Spark Quick-Commerce Price War

• Jefferies states Zepto's IPO and Swiggy's Rs 10,000-crore QIP are unlikely to trigger a quick-commerce price war in India.
• The brokerage emphasizes that quick-commerce companies must prioritize profitability for public market success.
• Eternal-owned Blinkit remains the market leader, demonstrating best-in-class profitability and aggressive expansion.
• Swiggy successfully raised Rs 10,000 crore ($1.2 billion) via QIP from diverse domestic and global institutional investors.
• Zepto is preparing for an IPO to raise approximately $500 million, aiming for a $7 billion valuation.

Why It Matters: Jefferies sees no quick-commerce price war despite Zepto IPO, Swiggy QIP; profitability is key.