Key facts
- Zepto will file an updated Draft Red Herring Prospectus (DRHP) next week.
- The company plans to commence investor roadshows.
- Zepto is aiming for an Initial Public Offering (IPO) in July.
- Zepto has surpassed Rs 10,000 crore in net order value (NOV) this quarter.
Quick commerce company Zepto is preparing to file its updated Draft Red Herring Prospectus (DRHP) next week, signaling a significant step towards its Initial Public Offering (IPO). Following the filing, the company intends to initiate investor roadshows, with a target for the IPO to take place in July. This move comes as Zepto has achieved a notable milestone, crossing Rs 10,000 crore in net order value (NOV) during the current quarter. This achievement is particularly significant given the intensifying competition within India's quick commerce sector.