Amazon-backed gadget resale platform Cashify is gearing up for its IPO and has appointed ICICI Securities, JM Financial, and Nomura as lead bankers for the issue. The company is planning to raise around ₹1,500–1,800 crore through the offering.
The IPO will include a mix of fresh issue and offer-for-sale (OFS), where early investors like Bessemer Venture Partners, Blume Ventures, and Olympus Capital may partially exit. Cashify is also expected to take the confidential filing route and could file its draft papers by mid-2026, with a potential listing in early 2027.
This move highlights the growing trend of new-age tech startups turning to public markets instead of relying only on private funding. Despite global uncertainties, Cashify is moving ahead confidently with its IPO plans.
Do you think new-age startups like Cashify can deliver strong listing gains, or are IPO valuations getting too aggressive?
Amazon-backed gadget resale platform Cashify ab apne IPO ki taiyari me hai aur company ne ICICI Securities, JM Financial aur Nomura ko lead bankers appoint kiya hai. Company lagbhag ₹1,500–1,800 crore raise karne ka plan bana rahi hai.
IPO me fresh issue ke saath offer-for-sale (OFS) bhi ho sakta hai, jahan early investors jaise Bessemer Venture Partners, Blume Ventures aur Olympus Capital apni kuch stake bech sakte hain. Company confidential route se filing kar sakti hai aur mid-2026 tak DRHP file karke 2027 ke start me listing possible hai.
Yeh trend dikhata hai ki ab new-age startups bhi public market ki taraf badh rahe hain, sirf private funding par depend nahi rehna chahte — even global uncertainty ke beech bhi.
Kya aap aise startup IPOs me invest karna pasand karte ho ya sirf established companies par focus rakhte ho?
This news is for information only and is not investment advice. Please do your own research before making investment decisions.