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Zepto IPO: An essential board conference on January 19 will certainly settle numerous elements of the IPO, consisting of the visit of lenders, the option of independent supervisors, and identifying the IPO dimension.
Zepto IPO: Quick business system Zepto is preparing to submit its going public (IPO) draft documents by March or April 2025, according to a record byThe Economic Times The firm, understood for its quick distribution solutions, has actually currently acquired the needed authorizations to transfer its base from Singapore to India in advance of the general public listing.
Zepto IPO: Opening Date, Price, Lot Size, GMP, Bankers
Board Meeting Scheduled: An essential board conference on January 19 will certainly settle numerous elements of the IPO, consisting of the visit of lenders, the option of independent supervisors, and identifying the IPO dimension. The IPO opening day will certainly be introduced later on.
GMP: Data on the grey market costs will certainly be offered when the IPO procedure obtains rolling. The cost of the IPO will certainly likewise be introduced simply days prior to the IPO opening day.
Regulatory Updates: While Singapore authorities have actually gotten rid of Zepto’s action, the National Company Law Tribunal (NCLT) is readied to listen to the issue on January 17.
Industry First: If effective, Zepto will certainly come to be the very first fast business start-up to go public, complying with the listing of its competitors’ moms and dad business, Zomato (Blinkit) and Swiggy (Instamart).
Shift to Marketplace Model
Zepto is going through a substantial functional overhaul, transitioning from a B2B version to an industry version under a recently developed entity, Zepto Marketplace, signed up in October 2024.
Zepto Marketplace was signed up in October 2024, and the firm’s procedures will certainly quickly change to the brand-new version once the functional and regulative fundamentals are figured out, according to a PTI record pointing out resources.
The change will certainly make it possible for Zepto to have a better hang on quality assurance and solution. Zepto is likewise readied to quickly release “Thor”-a SaaS inventory management platform to further streamline operations, the report said.
The development comes as Zepto prepares for a public listing within this year.
Zepto’s peers like Blinkit and Swiggy Instamart already follow a marketplace model.
Under the current structure, Zepto licenses its brand name and operations to three companies: Geddit Convenience, Drogheria Sellers and Commodum Groceries. These three companies purchase their stock from Kiranakart Technologies Pvt Ltd and sell it to end consumers via the Zepto platform.
In essence, Kiranakart Technologies is a B2B company that sources and buys products directly from brands and sells them to Geddit Convenience, Drogheria Sellers and Commodum Groceries, Zepto’s three licensee companies. These companies then sell to the end consumer. For every sale that the three companies make using Zepto’s platform, they pay a licensing fee to the latter.
Thus, under the present B2B model, Zepto is the technology platform, serving as an intermediary between operators, sellers and delivery partners. Sellers list themselves on the platform while dark stores are franchise-managed and delivery partners are third-party rendering a gig.
Zepto reported a 120 per cent increase in operating revenue to Rs 4,454 crore in FY24. The company also proposes to launch a separate app for Zepto Cafe, which is engaged in quick delivery of snacks and other food items.
Zepto’s valuation stands at USD 5 billion. In November 2024, it raised USD 350 million in a funding round that included investments from Indian HNIs, family offices, and leading financial institutions.
With business growing rapidly, Zepto is looking to expand to over 50 cities by next quarter from about two dozen cities right now.