Ten new-age retail and consumer firms line up Rs 18,000 crore IPO pipeline
Meesho (Rs 4,250 cr), PhysicsWallah (Rs 4,600 cr), Pine Labs (Rs 2,600 cr), Urban Company (Rs 1,900 cr), Groww, Wakefit, Curefoods, Shiprocket, Shadowfax and IndiQube are queued to list, unlocking major VC exits across D2C, fintech, edtech and logistics-tech after $4.06B in PE/VC exits by Nov 2024.
What happened
Ten new-age Indian companies including Meesho, Pine Labs, Urban Company, Wakefit, Curefoods, Shiprocket and PhysicsWallah are preparing IPOs totaling nearly Rs
Key facts
- Rs 18,000 crore total
- PhysicsWallah Rs 4,600 cr
- Meesho Rs 4,250 cr
- Pine Labs Rs 2,600 cr
- Groww $700M-$1B
- Urban Company Rs 1,900 cr
- Wakefit Rs 468 cr fresh
- Curefoods Rs 800 cr
- IndiQube Rs 850 cr
- VC exits $4.06B by Nov 2024
Why this matters
As ten consumer and retail-tech players race to list, pre-IPO M&A windows are narrowing—lock in strategic acquisitions or partnerships now before targets reprice to public-market multiples.