Battery Smart To File DRHP In September-October For IPO: Report

by · Inc42

SUMMARY

  • Battery Smart is planning to file its DRHP with SEBI in September or October for its proposed IPO
  • The planned listing could test public market appetite for EV infrastructure startups as battery swapping gains traction among commercial EV fleets
  • Battery Smart operates more than 1,500 battery-swapping stations across 75+ cities and reportedly achieved operational break-even in FY26