Flipkart IPO

About Flipkart IPO

Flipkart IPO is expected to be one of the biggest consumer-tech listings in India, with the company aiming for a valuation between $60 billion and $70 billion. The Walmart-backed e-commerce firm plans to go public in India very soon. To facilitate the Flipkart IPO, the company has initiated the process of shifting its holding entity from Singapore to India. 

This redomiciling is likely to be completed within the next 12 to 15 months and is seen as a key step toward a smoother domestic listing. Flipkart’s board has approved this move, which aligns with its operations that are primarily based in India. 

The Bengaluru-headquartered company, last valued at approximately $36 billion, has been actively preparing for its market debut by reorganising its board and streamlining internal functions. Relocating to India might offer better access to domestic capital markets and regulatory benefits, potentially supporting a higher valuation for the Flipkart IPO. 

The local listing is also expected to improve investor sentiment by aligning with India’s regulatory framework and showcasing Flipkart as a national success story.

Industry Outlook

1. India’s e-commerce market is set to grow from ₹10.82 lakh crore (US$ 125 billion) in FY24 to ₹29.88 lakh crore (US$ 345 billion) by FY30, at a CAGR of 15%. This steady expansion is expected to boost demand for platforms like Flipkart, especially with its strong presence across categories and regions.

1. The online retail market is projected to touch US$ 325 billion by 2030, up from US$ 70 billion in 2022. This surge, driven by increased digital adoption in tier-2 and tier-3 cities, offers Flipkart a wider consumer base and greater market reach.

1. With the Indian B2B online marketplace expected to become a US$ 200 billion opportunity by 2030, Flipkart stands to benefit by tapping into wholesale e-commerce and expanding its Flipkart Wholesale platform, strengthening its position in both B2C and B2B segments.

Flipkart Internet Private Limited Ownership Structure

Walmart remains the dominant stakeholder in Flipkart, currently holding an 85% share following a $3.5 billion investment made earlier this year. This is a notable increase from its 75% stake as of January 2023. The remaining 15% of Flipkart is owned by a group of prominent investors, which includes Tiger Global Management, DST Global, Google, the Qatar Investment Authority, and GIC (Government of Singapore Investment Corporation).

About Flipkart Internet Private Limited 

Flipkart is one of India’s top digital commerce companies and operates through its group firms including Flipkart, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip. Established in 2007, the company has played a major role in bringing millions of sellers, small businesses, and merchants into the digital marketplace.

Flipkart’s registered customer base has crossed 500 million, and its platform now offers more than 150 million products across 80+ categories. Over 14 lakh sellers, including those on Shopsy, are part of its growing seller network. The company has contributed significantly to job creation and has supported numerous entrepreneurs and MSMEs across the country.

Known for customer-focused innovations, Flipkart was among the first in India to introduce features like Cash on Delivery, No Cost EMI, and easy returns. These services have helped make online shopping more convenient and budget-friendly for millions.

In 2024, Flipkart launched its UPI payment service—Flipkart UPI—to strengthen digital payment options and support the country’s broader digital economy goals. Through its efforts, Flipkart continues to make a strong impact on India's e-commerce space, connecting consumers and sellers with the help of technology and innovation.

How To Check the Allotment Status of the Flipkart Internet Private Limited IPO?

A: Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How to apply for Flipkart IPO online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Flipkart IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Flipkart IPO 

Registered office: Vaishnavi Summit, Ground Floor, 7th Main, 80 Feet Road, 3rd Block, Koramangala Industrial Layout, Bangalore KA IN 560034.

Peer Details of Flipkart Internet Private Limited

The following are the companies whose business operations are similar to that of Flipkart:

1. Amazon India
2. Snapdeal
3. Meesho
4. JioMart