Archive · 5 Jun 2025
Zepto to File IPO Documents This Year, Despite Potential Delays
Zepto, a company that delivers groceries quickly, is planning to offer shares to the public (IPO).
They say they will start the process this year, seeking to raise more money than originally planned.
However, a report suggests they might wait until 2026.
Meanwhile, the company had issues with food safety at one of their storage facilities in Mumbai, which led to the suspension of its food business license by the FDA.
These included food safety violations such as fungal growth, improper storage and expired items.
Zepto plans to file a DRHP this year, indicating intent to go public.
The company aims to raise around $800 million through the IPO.
A report suggests a potential delay in the IPO until 2026, despite the DRHP filing.
Zepto's co-founder stated the company is optimistic about going public in 2025.
The Maharashtra FDA suspended the food business license of Zepto's parent company in Mumbai due to safety violations.
- Who
- Zepto, a quick commerce startup, and its parent company Kiranakart Technologies Pvt Ltd.
- What
- Zepto, a quick commerce startup, is planning an IPO.
- When
- Zepto sources say they will file a DRHP this year, although a report suggests a later IPO date.
- Where
- Zepto is based in Bengaluru. A storage facility in Mumbai had its food business license suspended.
- Why
- The company is seeking to raise capital through an IPO.
Zepto's Stated Ambition
Reported Delays
IPO Timeline
Zepto's Stated Ambition
Zepto aims to go public in calendar year 2025, according to co-founder Aadit Palicha.
Reported Delays
A Moneycontrol report suggests Zepto will postpone its IPO plans to calendar year 2026, despite filing a DRHP this year.
- Company Type
- Quick commerce startup
- Headquarters
- Bengaluru
- IPO Target
- Around $800 million
- Parent Company
- Kiranakart Technologies Pvt Ltd.
- Violation
- Food Safety and Standards Act, 2006
- Facility Location
- Mumbai, Dharavi