In the OFS component, Major investors like
- Nexus Ventures VI Holdings, LLC will sell up to 57.36 million shares.
- Nexus Ventures VII Holdings, LLC will offload up to 30.40 million shares.
- Razor Ventures Zepto LLC will sell up to 9.36 million shares.
- Contrary ZEP Holdings LLC will divest up to 7.80 million shares.
- Kaiser Foundation Hospitals will sell up to 4.39 million shares.
- Kaiser Permanente Group Trust will offload up to 4.16 million shares.
Zepto intends to utilize the funds raised from the fresh issue towards:
- Expand the dark store network across existing and new cities.
- Fund lease rentals for existing dark stores.
- Invest in technology and cloud infrastructure.
- Support marketing and business promotion activities through Zepto Marketplace Pvt Ltd.
- Pursue inorganic growth opportunities.
- Meet general corporate requirements and operational needs.
The appointed Merchant Bankers to the issue are Axis Capital, Morgan Stanley India, Goldman Sachs (India) Securities, Motilal Oswal Investment Advisors, HSBC Securities and Capital Markets (India), JM Financial, and IIFL Capital Services.
Zepto, founded by Aadit Palicha and Kaivalya Vohra, is India’s fastest next-door quick-commerce app that delivers online groceries, fruits, vegetables, personal care, electronics, and much more in just minutes.
Zepto has been growing tremendously, and with its IPO filing, the firm is looking to expand its business in a highly competitive quick-commerce industry.
In FY26, Zepto generated a revenue of ₹22,623.58 crore, double that of ₹11,109.94 crore achieved in FY25. Moreover, the net losses reduced to ₹1,538.67 crore during the Q4 of FY26 compared to ₹1,831.91 crore in Q4 of FY25.
