Zepto, a Bengaluru-based quick commerce company, filed an updated draft red herring prospectus with the Securities and Exchange Board of India on June 8, for a US$1 billion initial public offering.

The offering includes a fresh issue of shares worth 80.1 billion rupees (US$839 million) and an offer-for-sale of 113 million shares.

The filing showed Zepto’s consolidated revenue for the fourth quarter of FY26 rose 75% year on year to 75 billion rupees (US$785 million).

Its net loss narrowed to 15.4 billion rupees (US$161 million) from 18.3 billion rupees (US$192 million) a year earlier.

For the March quarter, Zepto reported net receivables value of 81.3 billion rupees (US$852 million), 210 million orders, and 1,139 dark stores at end-March 2026.

🔗 Source: The Economic Times

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