Zepto IPO: 10-minute deliveries, but losses touch Rs 6,000 cr – Here’s what the DRHP reveals

Zepto has filed an updated draft red herring prospectus for a proposed initial public offering comprising a fresh issue of shares worth up to Rs 8,010 crore and an offer for sale of up to 113.47 million shares by existing shareholders.

The filing offers a detailed look at how the quick commerce company plans to deploy fresh capital, the scale it has achieved in recent years, its financial performance, and the risks associated with its business model. The company plans to use the bulk of the fresh issue proceeds for dark store expansion, lease obligations, technology investments and marketing initiatives, while also retaining flexibility for acquisitions and other corporate requirements.