Should You Bid For the Flipkart IPO?

The Indian e-commerce market in 2024 increased by 19%. In this backdrop, we bring you details about the upcoming Flipkart IPO.

Ahead of its listing, Flipkart has made big structural changes by initiating the redomiciling process from Singapore to India to align with regulatory requirements and listing goals.

Note: Half of the Flipkart IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Flipkart IPO Details: Company Profile

Flipkart is owned by retail giant Walmart. The company profile shows the following key aspects. Understanding the company profile is important for exploring the Flipkart IPO share price today.

Here's the Flipkart listing IPO complete company profile.

Particulars	Description
Full name	Flipkart Private Limited
IPO Update	Flipkart IPO launch date is around 12-15 months
Date of incorporation	19 Sept 2011
Headquarters	Bengaluru
Parent Company	Walmart Inc. (77% stake)
GMV	$8.5 billion (FY24)
Competitors	Amazon India, Meesho, Myntra, etc.

Funding of Flipkart

Some of the key funding rounds and acquisitions of Flipkart are here:

Funding Round	Date	Amount Raised (USD)	Lead / Key Investors
Series A	2009	1 million	Accel Partners
Series B	2010	10 million	Accel Partners
Series C	2011	20 million	Accel Partners, Tiger Global
Series E	2014	1 billion	Naspers, Tiger Global, and Accel Partners
Major Acquisition	Aug 2018	16 billion	Walmart Inc. (acquired 80.5% stake)

Key Financials Before the Flipkart IPO

Here's the available financial data:

Particulars	FY2024 (₹ crores)	FY2023 (₹ crores)
Gross Revenue (GMV)	70,542.00	55,824.00
Net Total Income	58,000.00	56,012.80
Net Loss	4,248.00	4,897.00
Revenue Growth (YoY)	26.40%	—

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Flipkart IPO Date and Price Details

Flipkart IPO news is here again! The company will be filing its DRHP with SEBI in 2025.

Key IPO Highlights:

Expected IPO Size: Yet to announce
Filing Status: Preparation stage for DRHP filing
Flipkart IPO release date: End of 2025 or early 2026
Listing Exchanges: NSE and BSE
Target Valuation: USD 60 - USD 70 billion

Are You Planning To Invest in the Flipkart IPO?

Right now, the Flipkart IPO price in the grey market isn't out yet since the company hasn't filed its DRHP. If it shows up in the grey market, you can track it on trusted platforms like Finnpick.

Just remember, GMP alone doesn't tell the full story. So, always check the latest GMP update before investing. Get a live subscription status today before Apply.

FAQs

1. Is Flipkart listed on the stock market?

Flipkart isn’t listed on the stock market yet. Right now, it’s owned by Walmart, but the company does have big plans ahead. Flipkart is looking to go public in the next 12–15 months, with a possible listing by the end of 2025 or early 2026.

2. Should I apply for the Flipkart IPO?

Yes, you will be able to apply for the Flipkart IPO once it opens for subscription. However, every IPO has certain guidelines regarding its offer structure. Complete details about the Flipkart share price IPO will be available once the DRHP is filed with SEBI.

3. How to check IPO allotment in Flipkart?

You can check the allotment status using the website of the registrar appointed for the Flipkart IPO. The registrar details will be announced closer to the IPO launch date. Also, don't forget to check Flipkart IPO size.

4. Do I need a Demat account for the Flipkart IPO?
Yes, you’ll need a Demat account to apply for the Flipkart IPO. Since every equity or IPO investment in India requires one, it’s the very first step. You can easily open a Demat account with any of the leading brokers before the IPO launches.

5. What is the Flipkart IPO date?
Flipkart is gearing up to file its DRHP with SEBI, but the official IPO dates aren’t out yet. As per reports, the company is aiming for a public listing by late 2025 or sometime in early 2026.