Quick-commerce firm Zepto has converted into a public limited company, a key procedural step ahead of its planned stock-market debut in 2026, regulatory filings show.

The move comes months after the start-up appointed Goldman Sachs, Morgan Stanley, JM Financial and others as bankers for its initial public offering.

Zepto is expected to raise about $500 million (₹4,500 crore) through the IPO, as reported earlier.

The company has been preparing for a listing for several months. Soon after finalising its banking syndicate last year, Zepto flipped its holding structure back from Singapore to India — a shift several late-stage start-ups have undertaken ahead of going public.

back to back

The intense scramble for capital in the quick-commerce sector provides additional context to Zepto’s pu

See Full Page