IPO is going to be launched Indian stock market

The IPO is going to be launched in the Indian stock market very soon in a few months

The IPO is going to be launched in the Indian stock market very soon in a few months

The IPO is going to be launched in the Indian stock market very soon in a few months. Through this the companies have accumulated big capital.


With this IPO is getting much better response. But now Indian companies are not only venturing into the Indian stock market through IPOs, they are also venturing into overseas markets.

Yeah Al that sounds pretty crap to me, Looks like Ballmath is working on Flipkart's IPO scheme in the US stock market. The company is considering raising 10 10 billion, or Rs 73.93 lakh, from Flipkart's IPO.


For this, Bolmath has hired its Goldman Sachs as a consultant. According to media reports, Walmart will sell its 25% stake in Flipkart.


According to sources, the company is working very fast on the IPO. However, due to the epidemic, it is too late to take this process forward. But even then, the demand of this e-commerce company sector has seen a lot of benefits.

There was no immediate reaction from Goldman Sachs or Walmart to the news.


Let me tell you that Walmart has 80.3% stake in Flipkart. Chinese gaming company Tencent, on the other hand, owns 5.21%.

With this, company founder Binny Banchal has 1.45 percent share.


With this, if the IPO plan is successful, then any Indian company will be in the biggest list in the overseas market.

If we talk about Walmart's relationship with Flipkart, then Wal-Mart has taken over 16 16 billion from Flipkart in 2018. With this, Walmart has a 77 percent share.


With the company new to 1.2 billion in financing rounds in 2020, Flipkart increased its stake to 82%.

According to Indian Forensic Research, the festive season in 2020 saw a growth of 4.8% billion dollars. That is, GVM generated.


India has taken over most of the online market and is growing, with people shopping online from the comfort of their homes since the epidemic. And now people prefer to shop online.

With this, if the Indian company Flipkart's IPO comes in the overseas stock market, it will be a huge success for Walmart.

Post a Comment

0 Comments