Flipkart IPO: The country’s largest e-commerce platform company Flipkart is also gearing up for listing on the stock exchange. Flipkart IPO can hit the market in the next 12 to 15 months. If Flipkart is listed on the exchange, then it will be the largest company related to e-commerce sector along with New Age Companies which will be listed on the stock exchange. Also, the size of Flipkart’s IPO can be the largest among New Age companies. Is.
Timeline of Flickkart IPO!
The Economic Times, quoting sources, said in its report that Flickkart can launch its IPO by the end of 2025 or the beginning of 2026. Work has started on the process of IPO of the company. The valuation of Flipkart is being estimated at 36 billion dollars (about Rs 3 lakh crore). Flipkart’s parent company, American retail company Walmart, has obtained internal approval to shift the company’s domicile from Singapore to India, which is being considered a big sign for listing the company on the Indian Stock Exchange. This will help in adopting the strategy under Indian market operations as well as meeting the domestic regulatory requirements for listing on the Indian Stock Exchange.
Company’s headquarters will shift to India
Flickpart Private Limited is currently headquartered in Singapore and the company has a subsidiary in India which is involved in marketplace, logistics, payments and other verticals. Shifting the headquarters of Flipkart to India will streamline the IPO process and the Indian government can earn huge income in the form of tax windfall. Walmart acquired Flipkart in the year 2018. In May 2024, the company had hinted at bringing IPOs of Flipkart and Phonepe. PhonePe, a fintech company related to digital payments, 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 stock market but will also be able to add the shares of the company to their portfolio and they will get a chance to buy shares of the big company, then the enthusiasm of the Indian IPO market will be even higher. will be.
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