Online retailer Flipkart is planning to bring its Initial Public Offer i.e. IPO in the next 12-15 months. According to reports, the value of India’s largest e-commerce company Flipkart is around $36 billion i.e. Rs 3.04 lakh crore. Flipkart’s IPO can be the biggest issue of any startup in the country so far. India’s startup sector is the third largest in the world and this is why this issue is being considered important. Flipkart is a subsidiary of US multinational company Walmart. Flipkart has obtained internal approval to transfer its domicile from Singapore to India. This is considered to be the first step for the company’s IPO. The company can bring IPO by the end of the next calendar year or in the first quarter of 2026. The company can be listed in 12 to 15 months According to media reports, the process of the company’s IPO has started and the company can be listed in the next 12 to 15 months. After the successful listing of many consumer internet companies like Zomato, Nykaa and Swiggy, retail investors have become more interested in startup companies. The company raised a fund of Rs 8,470 crore this year. Earlier on May 13, it was reported that Flipkart is planning to bring its parent company back to India. This giant of online commerce has also raised funds of about $ 1 billion i.e. Rs 8,470 crore this year. This includes Google’s investment of $ 350 million i.e. Rs 2,964 crore. Flipkart has been discussing IPO plans since 2021, but due to adverse market conditions between 2022-23, the company stopped these discussions. According to reports, many consumer companies have recently been listed in India. After which once again interest in Flipkart’s share sales has increased. In 2018, Walmart acquired majority stakes in Flipkart. This is the reason why listing of Flipkart will be important for Walmart. Since the acquisition of Flipkart in 2018, Walmart has invested more than $2 billion (16,942 crores) in the company in several phases. Earlier this year, Walmart invested Rs 5,082 crores in the company. Walmart has around 81% stake in Flipkart. Walmart has around 81% stake in Flipkart. Softbank and GIC are also among the investors of Flipkart. Analysts estimate that the Indian e-commerce industry has generated sales of Rs 1 lakh crore during the festive season this year. At the same time, Flipkart maintained its top position during the festive season.
