CarDekho To File DRHP For ₹3,500 Cr IPO This Quarter

by · Inc42

SUMMARY

  • The IPO will comprise both fresh issue as well as an offer for sale, with the size of the fresh issue expected to be around 10% of the total issue size
  • The company has already picked bankers for the IPO, including Axis Bank, IIFL, Goldman Sachs and Nomura, the sources said
  • CarDekho’s IPO is likely to include its auto classifieds, loan disbursal and mobility businesses, while Insurance Dekho will continue to be held as an associate investment and pursue a separate listing after its merger with RenewBuy