Spinny reportedly pre-files IPO papers for potential 2027 listing
Inc42, citing sources, reports that the used-car marketplace is looking to raise ₹2,500–3,000 crore through fresh shares and an offer for sale. The issue size and timing could change depending on regulatory approvals.
TLDR
Spinny has confidentially pre-filed IPO papers with SEBI, Inc42 reports, citing sources. The used-car marketplace is targeting a 2027 listing with a ₹2,500–3,000 crore issue combining fresh shares and an offer for sale, though the final size and timeline could change depending on regulatory approvals. Sources also told Inc42 that Spinny’s operating revenue grew nearly 29% year over year to ₹6,000 crore in FY26.
