Indian Startup IPO Sprint, Zetwerk-Ayr Settle Dispute & More
Indian Startup IPOs In Full Swing Indian startup IPO spring is in full bloom. Snapdeal parent AceVector is all set…
India's startup IPO season is heating up, with major players snapping up the spotlight. Snapdeal's parent company, AceVector, is set to list next month, marking their second attempt to go public. The IPO will raise ₹420 Cr, blending a fresh raise of ₹287 Cr and trimming the Over Float Shares (OFS) to 4.16 Cr. The company will offer its shares at a price band of ₹30-₹32, valuing the company at ₹1,741 Cr at the upper end.
Other startups like Spinny and Furlenco are also preparing for IPO debuts, with the used car marketplace targeting a ₹2,500-₹3,000 Cr listing and the software-as-a-service startup aiming for a valuation of around ₹7,000 Cr. The IPO wave is fueled by strong debut performances, supportive policies, and investor appetite for niche businesses.
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