Flipkart IPO
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Flipkart Private Limited is India’s largest homegrown e-commerce marketplace and a pioneer in the country’s digital retail revolution. Founded in 2007, the company connects over 500 million registered users and 1.4 million sellers, offering 150+ million products across electronics, fashion, groceries, home, and lifestyle. Its sprawling ecosystem includes market-leading verticals like Myntra, Shopsy, Cleartrip, and its nationwide logistics infrastructure, Ekart.
Price Band
TBA
Issue Size
₹16,000 Cr
Issue Type
Mainboard
Face Value
₹1
Listing At
BSE, NSE
GMP Today
Not available
Est. Listing
TBA
Open Date
TBA
Listing Date
TBA
Lead Managers: Goldman Sachs, Kotak Mahindra Capital, Morgan Stanley, JP Morgan
Flipkart IPO Details
| Field | Value |
|---|---|
| Company | Flipkart Private Limited |
| IPO Name | Flipkart IPO |
| Fresh Issue | Nil |
| Offer for Sale | ₹0 Cr |
| Market Maker | ₹0 Cr |
| Total Issue Shares | - |
| Fresh Issue Shares | 0 |
| OFS Shares | - |
| Pre-Issue Promoter Holding | 85% |
| Post-Issue Promoter Holding | - |
Flipkart IPO Dates
IPO dates will be announced in the Red Herring Prospectus (RHP). Below is the expected schedule once declared.
| Field | Value |
|---|---|
| IPO Open Date | TBA |
| IPO Close Date | TBA |
| Allotment Date | TBA |
| Refund Date | TBA |
| Share Credit Date | TBA |
| Listing Date | TBA |
Flipkart IPO GMP Today
| Date | GMP (₹) | Gain (%) |
|---|---|---|
| 7 Jun 2026 | ₹0 | 0% |
GMP is unofficial grey market data. Expected listing price may differ from the actual listing price.
IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 75% | - |
| RETAIL | 10% | - |
| NII | 15% | - |
| EMPLOYEE | - | - |
| SHAREHOLDER | - | - |
Promoters
- •Walmart Inc.
Financial Performance (₹ Cr)
| Metric (₹ Cr) | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Assets | - | - | - |
| Revenue | 82,787.3 | 70,541.9 | 55,824 |
| Profit After Tax | -5,189 | -4,248 | -4,897 |
| Net Worth | - | - | - |
Key Financial Ratios
| Field | Value |
|---|---|
| ROE | - |
| ROCE | - |
| Debt / Equity | - |
| PAT Margin | - |
| EBITDA Margin | -3.2% |
| EPS (Pre-IPO) | - |
| EPS (Post-IPO) | - |
| P/E (Pre-IPO) | - |
| P/E (Post-IPO) | - |
Objects of the Issue
| # | Description | Amount (₹ Cr) |
|---|---|---|
| 1 | Expanding Flipkart Minutes (quick commerce) and EKART (logistics infrastructure) | - |
| 2 | Boosting market share across Tier-2 and Tier-3 cities and scaling the SHOPSY app for rural markets | - |
| 3 | Enhancing core digital user experience through the deployment of AI-driven personalization tools | - |
IPO Documents
| Field | Value |
|---|---|
| DRHP | - |
| RHP | - |
| Anchor Investor List | - |
IPO Updates
Reverse-Flip Corporate Realignment Concluded
1 Mar 2026Concluded re-domiciliation steps from Singapore back to India. Flipkart Internet Pvt. Ltd. transitioned into the primary structural holding operator ahead of filing draft listing papers.
Regulatory NCLT Domicile Shift Blessing
18 Dec 2025Received key NCLT structural clearances allowing the corporate setup to prepare for relocation back to Indian shores.
Corporate Restructuring and Clean-up Actions
15 Aug 2025Initiated formal simplification by preparing to merge structural units like Flipkart Payments Services and Cleartrip directly into core holding platforms. Walmart CFO confirmed listing paths remain fully on track.
Pre-Listing Employee Liquidity Event
15 Nov 2024Executed a $50 million (~INR 428 crore) ESOP buyback program providing liquidity to roughly 7,500 active workforce personnel.
Early Backer Exits and Consolidated Revaluation
1 Jun 2024Tiger Global and Accel completely exited their remaining stakes. Walmart revalued Flipkart at $36 billion, growing its consolidated equity base to roughly 85%.
PhonePe Corporate Demerger Complete
15 Mar 2023Successfully completed the structural separation of fintech arm PhonePe, allowing both entities to independent design separate IPO frameworks.
Late-Stage Private Growth Round
1 Jul 2022Raised $3.6 billion from SoftBank Vision Fund 2, GIC, CPPIB, and Walmart, valuing the consolidated firm at $37.6 billion.
Public Listing Intent Confirmed
1 Dec 2021Walmart CFO Brett Biggs publicly confirmed Flipkart's long-term intention to target a public market listing within a 2-3 year framework.
Historic M&A Acquisition by Walmart
15 May 2018Walmart acquired a 77% majority stake in Flipkart for $16 billion in India's largest-ever retail transaction. Co-founder Sachin Bansal completely exited.
SoftBank Vision Fund Capital Injection
1 Aug 2017Secured $2.5 billion from SoftBank Vision Fund to scale supply chain integration and grow its internal logistics arm, Ekart.
Mega Scale Expansion and Myntra Acquisition
1 May 2014Acquired leading fashion retailer Myntra and raised a landmark $1 billion funding round from Tiger Global, DST Global, and Accel.
Cash-on-Delivery Innovation Era
1 Jan 2010Flipkart pioneered the Cash-on-Delivery (COD) payment system in India, overcoming consumer trust barriers and unlocking scalability.
Registrar Details
| Field | Value |
|---|---|
| Registrar | MUFG Intime India Private Limited |
| Phone | - |
| - | |
| Website | - |
Related Pages
How to Check Flipkart IPO Allotment Status
Flipkart IPO has not opened for subscription yet. Allotment dates will be announced in the RHP. Use the methods below once the IPO closes and results are out.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select Flipkart IPO
- View the allotment status for the saved PAN numbers
Fastest way to check multiple PANs at once. You can also use the IPOwiz Allotment Checker on the website.
Option 2: Via MUFG Intime India Private Limited Website
- Visit the MUFG Intime India Private Limited Allotment Page
- Select Flipkart IPO from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
MUFG Intime India Private Limited is the official registrar for this IPO. This is the most direct method to verify your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select Flipkart IPO from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from the share credit date onwards. If shares have been credited, your allotment was successful. Share credit is typically expected a day after allotment.
For a dedicated allotment guide with refund and listing timeline, see the Flipkart IPO allotment status page.
What Happens After Allotment?
Once the IPO closes and allotment is finalised, MUFG Intime India Private Limited will publish results on its official portal. Refunds for unsuccessful applications are typically initiated within a few working days.
For listing day updates, follow the IPOwiz Telegram Channel or download the IPOwiz App for alerts.
Flipkart IPO FAQs
What does Flipkart do?
Flipkart is one of India's largest e-commerce companies, offering products across electronics, fashion, groceries, home, and lifestyle categories through its online marketplace and ecosystem brands such as Myntra, Shopsy, Cleartrip, and Ekart.
When is Flipkart IPO expected to launch?
Flipkart has not announced official IPO dates yet. Following its corporate restructuring and India re-domiciliation process, the company is expected to move closer to a public listing in 2026 or 2027.
What is the expected valuation of Flipkart IPO?
Flipkart was most recently valued at approximately $36 billion by Walmart. The final IPO valuation will depend on market conditions, financial performance, and investor demand at the time of listing.
What is the price band of Flipkart IPO?
The price band for Flipkart IPO has not been announced yet. Details regarding the IPO price will be disclosed once the company files its offer documents.
What is the Grey Market Premium (GMP) of Flipkart IPO today?
Flipkart IPO GMP is currently unavailable because the company has not yet announced its IPO schedule or price band. GMP activity typically starts closer to the IPO opening date.
Who owns Flipkart?
Walmart Inc. is the majority shareholder of Flipkart and owns approximately 85% of the company following multiple funding rounds and stake acquisitions.
Is Flipkart profitable?
Flipkart is currently loss-making. The company reported a net loss of ₹5,189 crore in FY 2025 despite recording strong revenue growth during the year.
What was Flipkart's revenue in FY 2025?
Flipkart reported revenue of ₹82,787.3 crore in FY 2025, compared to ₹70,541.9 crore in FY 2024.
Why is Flipkart launching an IPO?
Flipkart is expected to pursue an IPO to provide liquidity to investors, strengthen its capital base, expand quick commerce and logistics operations, invest in AI technologies, and accelerate growth across India's e-commerce market.
Where will Flipkart IPO be listed?
Flipkart IPO is expected to be listed on both BSE and NSE.
Reviewed by Falguni Sharma
Falguni Sharma is an IPO research analyst at IPOwiz with 10+ years of experience covering Indian capital markets, mainboard and SME public issues, grey market premium trends, and SEBI filing updates. Issue size, reservation split, financials, and key dates on this page are cross-checked against DRHP/RHP documents and exchange disclosures before publish.