IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

To be announced

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |   Eligible employees  |  

Flipkart IPO Dates

Important dates with respect to IPO allotment and listing

Opening Date

Jan 02, 70

Closing Date

Jan 02, 70

Basis of Allotment

Jan 02, 70

Initiation of Refunds

Jan 02, 70

Listing Date

Jan 02, 70

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

Financial Performance of Flipkart Internet Private Limited

Particulars Year ending on March 31, 2021 Year ending on March 31, 2022 Year ending on March 31, 2023
Equity Share Capital (₹ crore) 262.5 262.7 262.8
Total Non-current Liabilities (₹ crore) 619.6 492.0 465.3
Borrowings (₹ crore) 336.5 18.7 1,055.3
Total Current Liabilities (₹ crore) 5,234.7 5,612.3 9,641.7
Total Equity and Liabilities (₹ crore) 6,757.2 6,675.3 9,611.7
Property Plant and Equipment (₹ crore) 387.4 243.3 765.9
Investments (₹ crore) 337.3 350.7 505.8
Cash and Cash Equivalents (₹ crore) 29.7 273.6 493.7

Know before investing

Strengths

4
  1. Flipkart has built a robust digital presence with over 500 million registered customers and a wide range of 150 million+ products, making it a leading player in India’s e-commerce space.

  2. With Walmart holding an 85% stake, Flipkart benefits from strong financial backing and global expertise, which enhances its competitiveness and growth potential.

  3. A seller base of over 14 lakh, including Shopsy sellers, strengthens Flipkart’s supply capabilities and enables product variety across 80+ categories.

  4. Flipkart pioneered features like Cash on Delivery, No Cost EMI, and easy returns, which helped simplify online shopping and build customer trust.

Risks

4
  1. Despite strong revenues of ₹17,907 crore in FY24, the company reported a net loss of ₹2,358 crore, reflecting ongoing cost and margin pressures.

  2. Flipkart’s operations are largely India-focused, making it vulnerable to domestic regulatory changes and economic slowdowns.

  3. The 12–15-month redomiciling timeline from Singapore to India may delay the Flipkart IPO and complicate investor expectations.

  4. Competitors like Amazon India, Meesho, JioMart, and Snapdeal pose constant pressure, requiring Flipkart to continuously innovate and invest in growth.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Flipkart IPO FAQs

When will Flipkart IPO be allotted?

The exact IPO dates and price range are yet to be announced.

When will Flipkart IPO open for subscription?

The IPO subscription window has not been announced yet.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot. However, the lot size has not been announced yet.

When will Flipkart Internet Private Limited list on exchanges?

The exact date is not announced yet.

What would be the listing gains on the Flipkart IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

How to increase your chances of getting an Flipkart IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.\
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for Flipkart IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Flipkart Internet Private Limited using one PAN?

You can submit only one application using your PAN card.