Flipkart IPO: The nation’s largest e-commerce platform company Flipkart is also gearing up for itemizing on the inventory alternate. Flipkart IPO can hit the market within the subsequent 12 to 15 months. If Flipkart is listed on the alternate, then it will be the most important company related to the e-commerce sector together with the New Age firms, which will be listed on the inventory alternate. Also, the dimensions of the IPO of Flipkart can be the most important among the many New Age firms. Is.
Timeline of Flickkart IPO!
The Economic Times, quoting sources, stated in its report that Flickkart could launch its IPO by the tip of 2025 or the start of 2026. Work has began on the method of IPO of the company. The valuation of Flipkart is being estimated at 36 billion {dollars} (about Rs 3 lakh crore). Flipkart’s guardian company, American retail company Walmart, has obtained inside approval to shift the company’s domicile from Singapore to India, which is being thought of a giant signal for itemizing the company on the Indian Stock Exchange. This will assist in adopting the technique underneath Indian market operations in addition to assembly the home regulatory necessities for itemizing on the Indian Stock Exchange.
Company’s headquarters will shift to India
Flickpart Private Limited is at present headquartered in Singapore and the company has a subsidiary in India which is concerned in market, logistics, funds and different verticals. Shifting the headquarters of Flipkart to India will streamline the IPO course of and the Indian authorities can earn large earnings within the type of tax windfall. In the yr 2018, Walmart acquired Flipkart. In May 2024, the company had hinted at launching IPOs of Flipkart and Phonepe. PhonePe, a fintech company associated to digital funds, is also owned by Walmart.
Opportunity to buy shares of e-commerce company!
If Flipkart’s IPO comes, then the Indians will not only be able to place orders on the e-commerce platform for the inventory market but will also be able to add the shares of the company to their portfolio and so they will get an opportunity to buy shares of the massive company, then the passion of the Indian IPO market will be even larger. will be.
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