Entrackr AI
2026-07-30 15:15 UTC
By Harsh Upadhyay
USR-0212-20260730-regional-new-f434faf0
Zepto postpones IPO, may raise Rs 1,000 Cr in pre IPO round
Quick commerce major Zepto has postponed its IPO plans, according to multiple media reports, amid ongoing valuation discussions with investors. The company may also raise more than Rs 1,000 crore (around $105 million) through a pre IPO placement, according to a Moneycontrol report. Existing investors including Glade Brook, General Catalyst, Goodwater Capital and Nexus Venture Partners are expected to participate in the round. Under SEBI regulations, IPO bound companies can raise up to 20% of their proposed fresh issue through a pre IPO placement, with the amount raised adjusted against the fresh issue component of the public offering. Zepto had originally planned to raise around Rs 8,000 crore through its IPO. In June, the company filed its updated draft red herring prospectus with SEBI for a fresh issue of Rs 8,010 crore and received the regulator's approval about a month later. The IPO size has also reportedly been trimmed to around Rs 5,000โ6,000 crore Entrackr has reached out to Zepto for comments. The Bengaluru based company doubled its operating revenue to Rs 11,110 crore in FY26 from Rs 5,454 crore in FY25. However, its losses widened 26% to Rs 5,905 crore , making it one of the largest loss making startups in the country. As of the end of FY26, it had current assets of Rs 9,638 crore, including cash and bank balances of Rs 973 crore.
Quick commerce major Zepto has postponed its IPO plans, according to multiple media reports, amid ongoing valuation discussions with investors. The company may also raise more than Rs 1,000 crore (around $105 million) through a pre IPO placement, according to a Moneycontrol report. Existing investors including Glade Brook, General Catalyst, Goodwater Capital and Nexus Venture Partners are expected to participate in the round. Under SEBI regulations, IPO bound companies can raise up to 20% of their proposed fresh issue through a pre IPO placement, with the amount raised adjusted against the fresh issue component of the public offering. Zepto had originally planned to raise around Rs 8,000 crore through its IPO. In June, the company filed its updated draft red herring prospectus with SEBI for a fresh issue of Rs 8,010 crore and received the regulator's approval about a month later. The IPO size has also reportedly been trimmed to around Rs 5,000โ6,000 crore Entrackr has reached out to Zepto for comments. The Bengaluru based company doubled its operating revenue to Rs 11,110 crore in FY26 from Rs 5,454 crore in FY25. However, its losses widened 26% to Rs 5,905 crore , making it one of the largest loss making startups in the country. As of the end of FY26, it had current assets of Rs 9,638 crore, including cash and bank balances of Rs 973 crore.
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