Zepto
- Unlisted share
- Food & Beverages
- ISIN INE143401029
At a glance
Sales
FY26
₹22,624 Cr
+104%on FY25What the company earned from its customers in the year.
Loss for the year
FY26
₹-5,905 Cr
The company spent more than it earned in the year.
Market valuecalculated
₹10,541 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹5,998 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Zepto
- ISIN
- INE143401029
- Sector
- Food & Beverages
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹29.63
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Zepto
Zepto runs a quick-commerce app that delivers groceries and everyday goods in minutes from a network of small neighbourhood warehouses (dark stores) in Indian cities, and also earns money from advertising by brands. It was founded by Aadit Palicha and Kaivalya Vohra, who with their family trusts are the promoters and held about 18% on a fully diluted basis in June 2026; the rest is spread across venture and growth investors such as Nexus, Glade Brook and StepStone. The business is growing fast but is still making large losses.
Written from: cdn.zeptonow.com
Listing status. Not listed. SEBI issued its final observations on 8 May 2026 and the company filed an updated draft prospectus on 8 June 2026 (fresh issue of up to ₹8,010 crore plus an offer for sale of up to 11.35 crore shares), but in a release listed under 1 August 2026 it said it would do a pre-IPO private placement instead for now, update its filing in the coming quarters, and list within the time SEBI allows. Zepto press release on pre-IPO placement (company investor site, listed under 1 August 2026)
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Food & Beverages
- ISIN
- INE143401029
- Year of incorporation
- 2020
- Headquarters
- Bengaluru, Karnataka (corporate office); registered office in Mumbai, Maharashtra
- Promoters
- Aadit Palicha, Kaivalya Vohra, Lazarus Trust and The Vohra Trust (with their trustees Kavit Palicha and Jaideep Vohra)
- Key people
- Chairman: Paul Hudson; Managing Director & CEO: Aadit Palicha; Whole-Time Director & CFO: Ramesh Bafna; Whole-Time Director: Kaivalya Vohra
- Employees (other than store operating staff)
- 5,212 people
- Face value per share
- ₹5
- Equity shares outstanding
- 3,55,74,04,924 shares
- CIN
- U46909MH2020PLC351339
- Website
- zepto.com
Read from: Zepto Limited updated draft red herring prospectus – I dated 8 June 2026 (company investor site), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to book (P/B)calculated
1.76×
At this price you pay ₹1.76 for every ₹1 of net worth on the company's books.
Profit margincalculated
-26.1%
For every ₹100 of sales, the company lost ₹26.1.
Return on equitycalculated
-98.5%
For every ₹100 of the owners' money, the company lost ₹98.5 in the year.
Debt to equitycalculated
0×
The company reports no borrowings.
- Indicative price
- ₹29.63
- Market valuecalculated
- ₹10,541 Cr
- price × shares
- No. of shares
- 3,55,74,04,924
- EPS
- ₹-5.05
- Book value per share
- ₹16.86
- Face value
- ₹5
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Zepto Limited (formerly Kiranakart Technologies Private Limited). As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY26: ₹4,455 Cr to ₹22,624 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY26: ₹-1,215 Cr to ₹-5,905 Cr.
| Particulars | FY24 | FY25 | FY26Latest |
|---|---|---|---|
| Revenue from operations | 4,454.52 | 11,109.95 | 22,623.58▲104% |
| Other income | 89.66 | 492.81 | 504.79▲2% |
| Total income | 4,544.17 | 11,602.75 | 23,128.38▲99% |
| Depreciation and amortisation expense | 120.98 | 404.07 | 894.26▲121% |
| Finance costs | 56.89 | 137.71 | 264.79▲92% |
| Restated loss before tax | -1,207.04 | -4,695.43 | -5,905.19▼26% |
| Restated loss for the year | -1,214.79 | -4,699.71 | -5,905.19▼26% |
| Basic and diluted earnings per share (face value ₹5) (₹) | -1.14 | -3.64 | -5.05▼39% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Zepto Limited updated draft red herring prospectus – I dated 8 June 2026 (company investor site).
Ownership
Shareholding pattern
Who owns the company
As of 8 June 2026 (fully diluted)
9.0%Lazarus Trust (promoter; trustee Kavit Palicha)
- Largest holder
- 9.0%
- Top 3 together
- 25.3%
- Holders named
- 8
- Lazarus Trust (promoter; trustee Kavit Palicha)9.03%
- Nexus Ventures VI Holdings, LLC8.57%
- Glade Brook Private Investors XXXIV LP7.73%
- The Vohra Trust (promoter; trustee Jaideep Vohra)7.48%
- Zepto Employee Stock Option Trust7.46%
- StepStone VC Zepto, LLC7.34%
- Total53.23%
Read from: Zepto Limited updated draft red herring prospectus – I dated 8 June 2026 (company investor site)
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 2026-08The company said it had agreed a pre-IPO private placement of equity with major shareholders; it did not give the amount or price. | Private placement (pre-IPO) | Equity shares | Not stated | Not stated |
Read from: Zepto press release on pre-IPO placement (company investor site, listed under 1 August 2026)
Leadership
Management
Paul Hudson
Chairman and Non-Executive Nominee Director
Aadit Palicha
Managing Director and Chief Executive Officer
Ramesh Bafna
Whole-Time Director and Chief Financial Officer
Kaivalya Vohra
Whole-Time Director
Akhil Gupta
Independent Director
Anulakshmi Hariharan
Independent Director
Samad Shariff
Company Secretary and Compliance Officer
Read from: Zepto Limited updated draft red herring prospectus – I dated 8 June 2026 (company investor site)
Corporate calendar
Events
- 1 Aug 2026IPO updateCompany says it will take a pre-IPO private placement and put the listing off for now, while staying within SEBI's time limitOpen
- 8 Jun 2026DRHP filingUpdated draft red herring prospectus filed: fresh issue of up to ₹8,010 crore and offer for sale of up to 11.35 crore sharesOpen
- 8 Jun 2026Postal ballotNotice of postal ballot issued; scrutiniser's report published 10 July 2026Open
- 8 May 2026Regulator approvalSEBI issued its final observation letter on the IPOOpen
- 3 Feb 2026Exchange approvalBSE and NSE gave in-principle approval for listingOpen
- 26 Dec 2025DRHP filingDraft prospectus first filed with SEBI under the confidential pre-filing routeOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Zepto on WhatsAppIs the price shown for Zepto final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Zepto shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Zepto shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Zepto. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.