Navi Restarts IPO Prep, Eyes Launch In Second Half Of FY26

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SUMMARY

The company has started initial discussions for the IPO but valuation and other details have not been finalised

The launch of Navi IPO may happen in the second half of FY26

Notably, Navi first filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in 2022

In what is its second attempt to go public, Sachin Bansal-led fintech unicorn Navi has initiated discussions with merchant bankers in a bid to launch its initial public offering (IPO). 

Bansal told ET that the company…



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Navi Restarts IPO Prep, Eyes Launch In Second Half Of FY26


SUMMARY

The company has started initial discussions for the IPO but valuation and other details have not been finalised

The launch of Navi IPO may happen in the second half of FY26

Notably, Navi first filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in 2022

In what is its second attempt to go public, Sachin Bansal-led fintech unicorn Navi has initiated discussions with merchant bankers in a bid to launch its initial public offering (IPO). 

Bansal told ET that the company…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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