India, Dec. 26 -- Quick commerce startup Zepto has taken another formal step towards its highly anticipated initial public offering (IPO) by gaining its shareholders approval for a proposal to raise up to INR 11,000 Cr via a fresh issue of shares via its public offering.

According to regulatory filings accessed by Inc42, the approval was granted at the company's extraordinary general meeting held on December 23, 2025 . The IPO will include a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders.

The final size, timing and price of the issue will be decided later by Zepto's board in consultation with its bankers. The startup's shares would be listed on Indian stock exchanges, including BSE and NSE, post the co...