CarDekho Parent Girnar Software Eyes IPO with Rs 3,000 Crore Target

CarDekho Girnar Software IPO

En resumen

Girnar Software, the parent company of auto-tech platform CarDekho, is preparing to file draft papers for an IPO in Q3, aiming for an issue size of up to Rs 3,000 crore.
The offering will primarily be an OFS, with a small fresh issue component, targeting a valuation of Rs 13,000 crore.

Resumen generado por IA

Por qué importa

Girnar Software, the parent company of auto-tech platform CarDekho, is preparing for an Initial Public Offering (IPO).

Tamaño de fuente

Auto-tech platform CarDekho's parent Girnar Software is preparing to file draft papers for an initial public offering (IPO) in the July-September quarter, targeting an issue size of up to Rs 3,000 crore, said people aware of the matter. The IPO is expected to be largely an offer for sale (OFS) by existing shareholders, with a fresh issue of about Rs 300 crore. The Jaipur-based company is eyeing a valuation of around Rs 13,000 crore as per early

Qué observar

Perspectiva de IA — posibilidades, no hechos

Girnar Software will file draft IPO papers in Q3.
Probable · En meses

Preguntas abiertas

Specific date for IPO filing?
Details of existing shareholders offering shares?
Breakdown of fresh issue funds?

Temas relacionados

CarDekho

OrganizacionesGirnar Software

LugaresJaipur

TemasGirnar Software IPO initial public offering auto-tech fundraising stock market

This article was originally published by Economic Times.

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