Zepto Files IPO, Eternal and Swiggy Rally

Zepto filed updated IPO papers with SEBI for a ₹8,010 crore fresh issue. Eternal (Zomato, Blinkit) rose 1% to ₹250.90 and Swiggy gained 1.7% to ₹245.30 recovering from 4% losses the previous session. Zepto's IPO filing revealed explosive growth validating the entire quick commerce sector. Zepto's IPO filing revealed explosive growth FY26 revenue more than doubled to ₹22,624 crore while losses narrowed significantly. In Q4 alone revenue jumped 75% YoY and transaction value hit ₹7,592 crore surpassing Swiggy Instamart. Still loss making but the trajectory is clear revenue doubling, losses shrinking. Classic path to profitability for a high growth startup. Blinkit (Eternal/Zomato) Market leader in transaction value Zepto Fastest growing already surpassed Instamart in transaction value Swiggy Instamart Third place fighting to hold ground Zepto's strong numbers validated the entire quick commerce market opportunity. When a competitor's IPO filing shows the sector is growing explosively it is actually good news for all players it confirms the market is large enough for multiple winners. Investors bought Eternal and Swiggy seeing Zepto's numbers as proof of concept for the sector Zepto's IPO filing and the subsequent rally in Eternal and Swiggy taught me that a competitor's strong growth numbers can validate an entire sector's potential and lift all players simultaneously, and that tracking dark store expansion, transaction value growth and loss narrowing trajectory together is essential for evaluating which quick commerce stock Eternal, Swiggy or the upcoming Zepto offers the best long term investment opportunity. $ETERNAL $SWIGGY $DMART