Report: Flipkart IPO Likely in 12-15 Months

Indian e-commerce platform Flipkart is likely to go public within 12-15 months, Economic Times reported.

The report added that Initial Public Offering (IPO) would be the biggest among India’s new economy companies. It has received go-ahead from to shift its domicile from Singapore to India ahead of the listing, which is expected to be in Q1FY26.

A source said, “The process has begun, and there is a clear understanding that in this timeline, the company should be public.” The discussions of IPO were on the table since 2021 but the plans were kept on the back burner due to “adverse market conditions” in FY23, the report said.

In 2024, Flipkart raised about $1 billion in funding. US retail arm Walmart owns 81 % stake in Flipkart and has invested more than $2 billion in primary capital since 2018.

Outlook on e-commerce?

Indian e-commerce companies collected about ₹1 lakh crore in gross sales during December 2024, in which Flipkart established itself as the top choice among users, sources said.