Flipkart IPO

About Flipkart IPO

Flipkart, one of India’s leading e-commerce platforms, is likely to go for its IPO soon, as per reports. Flipkart’s IPO is likely to be the biggest among new-age companies. It must be noted that the company has been eyeing an IPO since 2021. However, adverse market conditions in FY 23 put it on hold. However, the company has again stepped on the IPO pedal and is looking to go public in Q1FY26. Ahead of its IPO launch, the company has also shifted its domicile from Singapore to India.

The IPO opens on TBA and closes on TBA. The IPO will list on TBA. The credit of shares to the demat account will take place on TBA. The allotment of shares will take place on TBA. The initiation of refunds will take place on TBA.

One of India’s leading e-commerce entities, Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal. Selling a vast range of products, including electronics, fashion, home essentials and lifestyle products, Flipkart was acquired by Walmart in 2018.

Objectives of Flipkart IPO

TBA

Industry Outlook

India's e-commerce industry, valued at US$125 billion in FY 24, is poised to grow to US$345 billion by FY 30 at a CAGR of 15%. E-commerce emerged as a key driver of start-up investments in 2024-25. It drew investments to the tune of US$3.1 billion across 79 deals. It's a sharp jump of 128% from 2023, which saw 59 deals drawing investments of US$1.4 billion.

A report from Deloitte indicates that the growth of the country's e-commerce market is due to an increase in the income of affluent and middle-class households.

Flipkart Company Information

Flipkart is one of India's leading e-commerce platforms that connects buyers and sellers across several categories in fashion, lifestyle, electronics, etc. Founded in 2007, Flipkart started with the focus on selling books online. It, however, soon expanded to other categories and over the years has made several acquisitions, including Myntra, eBay, Jabong (now acquired by Myntra), etc.

Strengths of Flipkart

TBA

Risks of Flipkart

TBA

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Managers

• IPO Registrar: TBA
• Book Running Lead Managers: TBA

Flipkart Business Model

As one of India's premier e-commerce platforms, Flipkart generates revenues by charging a commission on the sale price of products sold via its platform. It also generates revenues through advertising by offering various advertising options to sellers. These include sponsored products, social media promotions and banner ads.

Flipkart Growth Trajectory

Flipkart recorded a 17.3% increase in its consolidated revenue from operations. It stood at ₹82,787.3 crores in FY 25, up from ₹70,541.9 crores in FY 24. Also, Flipkart Internet that operates its e-commerce marketplace narrowed its losses to ₹1494.2 crores in FY 25.

Flipkart Market Position

As of FY 23, Flipkart was a market leader in the Indian e-commerce sector. It commanded a market share of 48%. Mobile and apparel were the largest categories with around 50% and 30% mix.

How to Check Allotment Status of Flipkart IPO?

1. Visit the Registrar’s Website

Visit the registrar’s website and check the link for IPO allotment status. Enter your application number, DP or client ID and click on ‘Submit’ to know the status.

2. Check on the National Stock Exchange Website

The National Stock Exchange website has an IPO bid verification module. You can use it to check the allotment status of Flipkart IPO. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.

On the IPO bid verification page, enter:

• Company name from dropdown
  
• Application number
  
• PAN
  

Then click 'Submit' to know the allotment status.

3. Check on the BSE Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investors' tab. Under 'Investors', click on 'IPO'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Select 'Equity' from the dropdown menu
  
• Choose 'Flipkart' in the next dropdown
  
• Enter your application number
  
• Enter your PAN
  
• Click 'Search’ to know allotment status
  

How to Apply for the Flipkart IPO?

To apply for this IPO:

• Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.