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Flipkart IPO on the cards in 12-15 months - likely to be largest share issue by a new-economy company

Times of India LogoTimes of India2w ago

Flipkart IPO on the cards in 12-15 months - likely to be largest share issue by a new-economy company - Times of India

Quick Summary:

Flipkart, India's leading e-commerce company, is preparing for a landmark IPO within the next 12-15 months.

The Walmart-owned company, valued at $36 billion, aims to list in India after shifting its registration from Singapore.

This follows the successful market entries of various consumer internet businesses, including Zomato, Nykaa and Swiggy, which have generated substantial interest among retail investors in Indian startups.

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Flipkart IPO on the cards in 12-15 months - likely to be largest share issue by a new-economy company - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 15:00:00 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 842 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24264376

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 16 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://beamstart.com/news/flipkart-ipo-on-the-cards-17337285206224

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