Quick commerce startup Zepto is targeting a stock market listing within the next two to three quarters, with plans to revive its IPO process once its financial performance improves and market valuation conditions become more favorable, CEO and co-founder Aadit Palicha told employees during a company-wide town hall, according to a Moneycontrol report.
The revised timeline suggests Zepto could launch its Initial Public Offering (IPO) between February and May 2027, instead of the previously planned August 2026 listing.
IPO Filing Remains Valid
During the town hall, Palicha reassured employees that the company’s IPO preparations remain on track and that Zepto will not need to refile its draft IPO papers with the Securities and Exchange Board of India (SEBI).
Instead, the company will only be required to submit updated financial statements as an addendum to its existing draft documents before proceeding with the public issue.
Focus on Better Financial Metrics and Valuation
According to Palicha, Zepto intends to revisit the public markets after improving its financial metrics and when valuation expectations align more closely with market conditions.
The update follows reports that the company has temporarily paused its IPO process while pursuing a pre-IPO funding round of over ₹1,000 crore (about $100 million) from existing investors, including Glade Brook, General Catalyst, Goodwater Capital and Nexus Venture Partners. Palicha also confirmed the proposed fundraise during the employee town hall.
IPO Window Extends Until November 2027
Employees were also informed that the company has time until November 2027 to complete its stock market listing under the existing filing framework, allowing Zepto flexibility to choose a more favorable market environment.
The decision reflects the company’s strategy of strengthening its financial profile while maximizing shareholder value before entering the public markets.
If the revised timeline is maintained, Zepto’s IPO is expected to be one of India’s most closely watched public offerings in the consumer technology and quick commerce sector.
