Is Zepto Listed? Zepto IPO Status, Share Price and Market Cap (Oct 2026)

No, Zepto is not listed yet. As of 28 Oct 2026 its shares trade only in the unlisted (pre-IPO) market. The IPO papers are with SEBI, but the company paused the listing in July 2026 and now aims to list in 2027.

Prices are indicative off-market asks, not exchange quotes. See the live Zepto share price for today's ask.

Where the Zepto IPO stands

• 27 Dec 2025: Zepto filed its draft IPO papers confidentially with SEBI.
• May 2026: SEBI issued its observations, which clear the way for an IPO.
• June 2026: Zepto filed its updated draft prospectus (UDRHP-I). It proposes a fresh issue of up to ₹8,010 Cr plus an offer for sale of up to 11.35 crore shares by existing investors. It also allowed for a pre-IPO placement of up to ₹1,602 Cr.
• Late July 2026: the IPO, which had been expected around August, was put on hold. Reports said domestic institutions were bidding well below the $7 billion valuation of Zepto's October 2025 private round.
• 1 Aug 2026: Zepto closed a pre-IPO private placement, reportedly raising more than ₹1,000 Cr at a valuation reported at around $4.5 billion. Some reports put mutual-fund bids at $2.5–3 billion post-money.
• What next: CEO Aadit Palicha told employees the company aims to list within two to three quarters, which reports read as February–May 2027. Zepto has until November 2027 to list without refiling its draft papers.

No price band or IPO date has been announced.

Zepto share price on ShareSaathi since June 2026

The sharp fall in July came with the IPO pause and the valuation reports. Since then the ask has settled in the ₹29.5–₹33 range.

Zepto market cap and valuation

The UDRHP shows 12,603,195,213 equity shares (about 1,260 crore) of ₹5 face value. That count is on a fully diluted basis, assuming all outstanding preference shares convert. At ₹29.5 that gives an implied market cap of about ₹37,179 Cr. The figure is price × shares only. It excludes any shares issued in the August placement, so treat it as an approximation.

Against the FY26 numbers below, ₹29.5 works out to roughly:

• 10x book value, against a net asset value of ₹2.95 per share at 31 March 2026;
• 1.6x FY26 revenue from operations.

Zepto financials (FY24–FY26)

Restated consolidated figures from the UDRHP, in ₹ Cr:

Revenue roughly doubled in FY26, but the loss widened 26% to ₹5,905 Cr. On the positive side, operating cash burn fell from ₹4,625 Cr in FY25 to ₹3,462 Cr in FY26. Reported loss per order also narrowed, from about ₹136 to ₹79. Zepto had ₹5,681 Cr of cash and no debt at 31 March 2026, before the August placement.

Other numbers from the filing and the coverage around it:

• Dark stores: 1,139 across 66 cities at the end of FY26.
• Orders: 64 crore in FY26, with a recent daily run-rate reported at about 2.33 million.
• Users: about 4.8 crore annual transacting users.
• Order share among scaled quick-commerce players: up from 26% to 35% between FY24 and FY26.
• Advertising revenue: ₹1,636 Cr in FY26, against ₹651 Cr in FY25.

Who owns Zepto

Pre-offer holdings on a fully diluted basis, per the UDRHP:

What the IPO money is for

The fresh issue is meant to fund:

• new dark stores: ₹1,629 Cr;
• lease rentals on existing dark stores: ₹1,735 Cr;
• technology and cloud infrastructure: ₹1,325 Cr;
• brand marketing through its subsidiary Zepto Marketplace: ₹520 Cr.

The rest goes to acquisitions and general corporate purposes.

How to buy Zepto shares on ShareSaathi

1. Sign up and complete KYC, and keep your demat account details ready.
2. Open the Zepto unlisted shares page and place a buy request in multiples of 180 shares (₹5,310 at the 28 Oct 2026 ask).
3. Once the deal is confirmed and paid, the shares are transferred off-market to your demat account (NSDL or CDSL).

This is Zepto equity (ISIN INE143401029). Check that you are buying the equity line, not one of the separately traded CCPS lines. To exit before a listing, you raise a sell request and the desk works a price against live demand. There is no fixed on-screen bid.

Risks to weigh

1. IPO price below the unlisted price: institutions have reportedly bid between $2.5 and $4.5 billion. An IPO priced at the low end could list below today's unlisted ask.
2. Losses and cash burn: Zepto is still loss-making at the EBITDA level. Profitability depends on mature dark stores and advertising scaling faster than expansion costs.
3. Competition: Blinkit, Swiggy Instamart, Flipkart Minutes, BigBasket and Amazon Now are all spending heavily on quick commerce.
4. Timing: the listing has already slipped once. If Zepto misses the November 2027 window, it has to refile.
5. Lock-in and liquidity: pre-IPO shares are typically locked in for six months after listing, and unlisted shares can be hard to sell quickly before then.

FAQ

• Is Zepto listed on NSE or BSE? No. As of 28 Oct 2026 Zepto is unlisted. It has SEBI's observations on its IPO papers and is aiming to list in 2027.
• What is the Zepto share price today? The ask on ShareSaathi was ₹29.5 per share as of 28 Oct 2026. Check the Zepto share page for the latest price.
• What is the minimum investment in Zepto unlisted shares? One lot of 180 shares, or ₹5,310 at ₹29.5.
• What is Zepto's market cap? About ₹37,179 Cr at ₹29.5, using 1,260.3 crore shares on a fully diluted basis from the June 2026 UDRHP.
• When is the Zepto IPO? No date is set. Reports point to February–May 2027, and the company must list by November 2027 to use its current SEBI observations.

Related reading: Zepto CCPS to equity and the IPO · Zepto's IPO valuation reset · Zepto's pre-IPO placement

Sources: Zepto abridged prospectus (UDRHP-I), SEBI · Forbes India: why Zepto delayed its IPO · Entrackr: Zepto FY26 results · Outlook Business: FY26 losses · Business Standard: IPO paused, pre-IPO round · Inc42: re-attempt by May 2027

Disclaimer: Unlisted shares are illiquid and prices are indicative, not exchange-quoted. A listing is never guaranteed. ShareSaathi settles confirmed lots off-market to your demat. This is information, not investment advice.