Flipkart filed draft red herring prospectus with SEBI for IPO targeting $70 billion valuation.
Walmart retains 60% stake post-IPO. Issue size expected at $5-7 billion, largest in Indian history.
Company reported Rs 56,000 crore GMV in FY25 with path to profitability by FY27.
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IPO proceeds will fund logistics expansion, quick commerce growth, and technology investments.
Listing expected Q4 2026 on BSE and NSE. Retail investors get standard reservation quota.
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