Will flipkart go public?

Although the company doesn’t have an official IPO date yet, sources have said it may go public as soon as the fourth quarter of 2021 or sometime in 2022. Along its path to an IPO, Flipkart continues to raise capital to expand its operations and invest in programs such as grocery delivery.

Will flipkart be listed in stock market?

No. Flipkart is not listed in NSE. Infibeam is the first public listing by an E-commerce firm in India, which competes with larger players like Flipkart, Snapdeal, and Amazon in India, the company recently went to an IPO (initial public offer) on Indian stock markets.

What will be the price of flipkart IPO?

Flipkart IPO Equity Size This Initial Public Issue of 18,24,000 Equity Shares of Rs. 10 each for cash at a price of Rs.

How do I invest in an IPO?

Application process You can apply for an IPO through your trading account or bank account. Some banks bunch trading, demat and bank accounts. Once you have activated your trading-cum-demat account, you need to be aware of Application Supported by Blocked Amount (ASBA) facility, which is compulsory for IPO applications.

Is Ola going public?

Ola IPO Date in India: Ola is working with select banks, including Citigroup Inc and Kotak Mahindra Bank Ltd, to manage the public offering, two people close to the development were quoted as saying by PTI. Ola is also setting up service centres across the country.

Is Patanjali listed on stock market?

The market capitalization of the company currently stands at nearly Rs 36,800 crore. In 2019, Patanjali acquired Ruchi Soya, which is listed on stock exchanges, through an insolvency process for Rs 4,350 crore. It has brands such as Mahakosh, Sunrich, Ruchi Gold and Nutrela.

What is IPO price?

The public offering price (POP) is the price at which new issues of stock are offered to the public by an underwriter. Because the goal of an IPO is to raise capital for the issuer, underwriters must determine an offering price that will be attractive to investors.

When will Flipkart go public?

Flipkart, an India-based e-commerce company, has raised additional capital in a new investment from former stakeholder SoftBank. Although the company doesn’t have an official IPO date yet, sources have said it may go public as soon as the fourth quarter of 2021 or sometime in 2022. Article continues below advertisement

When is Flipkart’s IPO date?

Bloomberg reported in Apr. 2021 that Flipkart was considering an IPO as early as the final quarter of 2021. It had been thinking about going public through a SPAC merger, but now seems to be leaning toward a traditional offering. Just this week, Bloomberg has adjusted its timeline for Flipkart’s IPO to sometime in 2022.

What is Flipkart doing to raise capital?

Along its path to an IPO, Flipkart continues to raise capital to expand its operations and invest in programs such as grocery delivery. It has just raised $3.6 billion from investors, including Tencent, Singaporean sovereign wealth fund GIC, and Qatar Investment Authority.

Who is the owner of Flipkart?

Who owns Flipkart? Walmart is the majority owner of Flipkart after buying a 77 percent stake in the company in 2018 for about $16 billion. The holding could help Walmart compete with Amazon.com in India. Article continues below advertisement