IPO filings, grey market premium, subscription status, and post-listing performance analysis.
SEBI has ended its proceedings against Gautam Adani, four Adani Group entities and 13 people for alleged violations of minimum public shareholding (MPS) requirements. The parties paid Rs 1.48 crore to resolve the proceedings without accepting or contesting the conclusions.
Airtel Money has applied for a potential London IPO that would value the company at a minimum of $800 million, one of the largest listings in the UK in recent years. Airtel Africa’s mobile payments operation processed $213 billion in the year to June, with over 53 million monthly active users.
Kuku Technologies gained SEBI permission for its proposed INR 3,500 crore IPO, after privately filed its draft prospectus in June. The OTT audio and microdrama startup will use the IPO revenues for technology, AI infrastructure, content development and expansion.
The fast-fashion giant, Shein, started trading on Hong Kong’s stock market on September 1 after a long IPO process, with its valuation falling to $26.5 billion from almost $100 billion in 2022, a report said. The Shein Hong Kong IPO comes amid additional US and EU tariffs.
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Buried in Note 62 of Purple Style Labs' restated financials is a sentence most readers will skip past: as of March 31, 2026, the company's current liabilities exceeded its current assets by ₹255.12 crore. That is a working capital gap, and it sits right next to
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When Purple Style Labs pulled its shareholder register on August 21, 2026, the BENPOS date behind its IPO filing, the list ran to thirteen names holding more than 1% of the company, led by founder Abhishek Agarwal's 26.09% stake. What stands out isn't who made
Purple Style Labs, the company behind luxury fashion platform Pernia's Pop-Up Shop, opens its INR 680 crore IPO on August 31. Here is the full snapshot, sourced from its Red Herring Prospectus.
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Losses, an auditor's emphasis of matter, pending litigation and negative cash flow in FY24. Here is what Shiprocket's own filing discloses to investors.
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Early backer 500 Global stands to make roughly 78x on its Shiprocket exit. Some later-stage investors are selling below cost. Here is the full shareholder breakdown.
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Shiprocket's ₹1,617.48 crore IPO opened for bidding on 12 August. Here is the price band, key dates, and where the money is going.
Zepto is likely to trim the size of its IPO by 20% to $650-700 million after investors’ reaction suggested the quick-commerce startup’s valuation at $3.5-4 billion, down from the earlier $7 billion estimate, sources said.
MakeMyTrip has quietly submitted a Draft Red Herring Prospectus (DRHP) for its IPO, taking a significant step towards listing its Indian unit on local stock exchanges. The planned offer for sale (OFS) will boost the company’s financial condition, increase brand recognition and support future growth.
Flipkart eyes selling shares in logistics provider Shadowfax Technologies worth INR 700-750 crore, cutting its shareholding ahead of the company’s upcoming IPO. Walmart-backed e-commerce giant likely to hold 2% stake to comply with SEBI’s promoter lock-in regulations.
Cult.fit has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed IPO that would consist of a fresh offering of up to INR 950 crore and an offer for sale by existing investors. The funds will go into expanding gyms, reducing debt, growing retail and developing the brand.
Flipkart has announced its second ESOP liquidity scheme in two years, allowing qualifying workers to encash up to 5% of their vested stock options at INR 713.4 per share. Flipkart’s move comes after it hit major commercial milestones.
Parle Products, which owns brands like Parle-G, Monaco, KrackJack and Melody, is reportedly planning a $1 billion (INR 9,530 crore) IPO that could value the company at over $10.5 billion (INR 1 lakh crore). The Mumbai-based FMCG major has brought on board top investment banks.
Carlsberg has filed draft documents with the market regulator for an IPO of its India business, intending to generate as much as $700 million (about 6,600 crore) through a possible secondary share sale later this year. The Danish brewer is collaborating with top investment banks for the sale.
Digital lending platform Fibe's parent company, Social Worth Technologies Ltd, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), taking the first formal step towards its initial public offering (IPO). The filing was made on 29 June 2026, with details
The parent of Oyo, Prism Hotels and Resorts, has filed an updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for an INR 6,650 crore IPO containing only a fresh issue of shares, without any offer-for-sale component.
Key Highlights * Paramotor Digital Technology has confidentially filed its draft red herring prospectus (DRHP) with SEBI under the pre-filing route for a proposed IPO. * The Mumbai-based fintech reported revenue of ₹112 crore in FY 2024-25, up 232% year-on-year, with net profit of ₹29.2 crore. * Its portfolio includes SpendPro, RewardOn,
Quick commerce major Zepto has secured the Securities and Exchange Board of India's (SEBI) approval for its proposed initial public offering worth around ₹11,000 Cr to ₹12,000 Cr (about $1.2 billion), clearing a key regulatory hurdle for what is set to be one of India&
Razorpay is preparing to take a major step towards going public. The fintech company is expected to file its IPO papers confidentially in the coming weeks. Reports suggest it plans to raise between $600 million and $700 million. The move comes as more Indian startups look to enter the stock
Daily Indian startup funding roundup for March 30, 2026: Indifi raises ₹40 crore debt from BlackSoil, Skillsvest secures ₹5.5 crore pre-seed funding, and Zetwerk files for a $450 million IPO, alongside key startup news and business updates from India’s startup ecosystem.
Using the secret route, B2B manufacturing firm Zetwerk allegedly filed DRHP for its $450 Mn (approximately INR 4,200 Cr) IPO. In a pre-IPO investment round, the business aims to raise $50-60 millions. In the past, Zetwerk's public listing was guided by Mahindra Capital, Avendus Capital, JM Financial,
Rentomojo has filed its DRHP with the Securities and Exchange Board of India for a ₹150 crore IPO, which includes a fresh issue and an Offer for Sale (OFS) of up to 2.84 crore equity shares, as the company prepares for its public market debut.
From health and wellness to enterprise SaaS and sustainable materials, Indian startups attracted fresh capital across diverse sectors today. The day was led by Fullife Healthcare’s ₹300 crore Series D round and Rocketlane’s $60 million raise, while key developments like OpenAI’s APAC leadership hire and Cashify’s
Ola Electric Mobility Ltd is shifting funds that were supposed to go into innovation into paying off debt. Consequently, the electric-vehicle producer is under increasing pressure due to weakening sales and stalled financing efforts. The plan for using the INR 5,500 crore that the Bengaluru-based company raised in its
India’s startup ecosystem saw activity across deeptech, consumer brands, and AI-driven platforms on 17 March 2026. Velmenni raised ₹30 crore to scale its light-based wireless communication technology, while Grapevine secured $4.1 million to expand its AI-led talent platform. On the business front, Venture Catalysts exited Pee Safe, RBI
The telecom subsidiary of Reliance Industries, Jio Platforms, is scheduled to submit the initial public offering (IPO) paperwork to the capital markets regulator in two or three weeks after finalising its draft red herring prospectus (DRHP). Jio will sell 2.5% of its shares in the initial public offering (IPO)
As a precautionary measure, PhonePe has put its initial public offering (IPO) preparations on hold due to the ongoing conflict in Iran and certain regions of West Asia, as well as unstable global equities markets. The financial technology firm announced in a statement that it will resume its initial public
India’s startup ecosystem saw strong investment activity on 16 March 2026, particularly in climate‑focused fintech, AI, health and enterprise tech sectors. Ecofy raised $42 million (₹380 crore) to scale sustainable financing solutions, while other startups, including BetterHood, Agnit Semiconductors, OfficeBanao and GrapeVine, also secured fresh capital. On the
XED Executive Development has launched India’s first IPO from GIFT City’s IFSC, opening for subscription from March 16 to March 24, 2026. The $12 million dollar-denominated issue is priced at $10–$10.5 per share and is open to NRIs and global investors. Shares will list on NSE IX and India INX.
The National Stock Exchange of India has taken a major step towards its long-awaited public listing by appointing 20 merchant bankers and eight legal firms to manage its upcoming IPO. The exchange is moving ahead with listing preparations, with the public issue expected to launch in 2026.
India’s startup ecosystem saw activity in the retail infrastructure space on 13 March 2026, with OneKiraana raising $1.6 million in seed funding led by Ankur Capital to empower kirana stores with private label capabilities. Meanwhile, key business developments included NSE appointing bankers and law firms for its long-awaited
With the acquisition of automotive utility company Vehicle Info, used-car marketplace Cars24 is aiming to establish a full-stack platform for vehicle ownership, going beyond just vehicle transactions. Chirag Pipaliya launched the bootstrapped firm Vehicle Info in 2017. The firm provides a centralised location for important vehicle details like registration information,
India’s startup ecosystem witnessed strong investment activity across enterprise tech, agritech, climate tech, fintech, and healthtech on 10 March 2026. Major funding deals included Mozark’s $40 million Series B round, Captain Fresh raising ₹290 crore from Blue Earth Capital, and new capital flowing into food brands, climate solutions,
The digital retail giant Flipkart, which is owned by Walmart, has finally finished transferring its holding company domicile from Singapore to India. In preparation for a possible domestic public offering, it is a critical structural step for the company. A representative from Flipkart said that the company's internal
India’s startup ecosystem saw activity across enterprise tech and fintech on 9 March 2026, with funding flowing into digital transformation and lending platforms. Meanwhile, major business developments included Flipkart completing its reverse flip to India ahead of its IPO, Uber entering the intercity bus ticketing market, and leadership changes
India’s startup ecosystem saw significant activity in healthtech, D2C, and rural omnichannel retail today. Rozana raised a ₹290 crore Series B to scale rural operations, while health startup Cent, founded by former Practo, Ola Electric, and Lenskart executives, secured early-stage funding. Key business developments included Karnataka’s proposed social
India’s most anticipated stock market debut, the initial public offering (IPO) of Reliance Jio, may be delayed as the Indian government has yet to notify revised listing rules meant for very large companies. The public issue, backed by billionaire industrialist Mukesh Ambani, was widely expected to launch in the
India’s startup ecosystem saw activity across AI automation, healthtech, and consumer beverages, while major developments emerged in fintech IPO plans and strategic acquisitions in the beauty sector. From early-stage funding rounds to large-scale public market ambitions, here are the key funding deals and business developments that shaped 5 March
Depending on the outcome of the present volatile geopolitical climate, fintech giant PhonePe plans to launch its initial public offering (IPO) by next month. The public listing, which just includes an offer-for-sale component, is expected to garner between $900 million and $1.5 billion for the Bengaluru-based business. After receiving
Indian microfinance firm Svatantra Microfin, led by entrepreneur Ananya Birla, has started early preparations for a potential initial public offering (IPO). The company has reportedly invited pitches from investment banks as it explores raising more than INR 3,000 crore through a public listing. While the IPO plan is still
India’s fintech ecosystem is gearing up for another major public listing. Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company plans to raise INR 1,500 crore through
Aman Gupta, co-founder of consumer electronics brand boAt, has announced the launch of a new venture called OffBeat Studios, marking his first entrepreneurial move after stepping away from day-to-day operations at the IPO-bound company. The announcement signals a fresh chapter for one of India’s most recognisable startup founders as
India’s startup ecosystem witnessed a new capital influx in fintech, SaaS and AI spending solutions, underscoring investor confidence in tech‑driven B2B models. At the same time, key business developments spanned gaming ownership shifts, major global VC commitments to India, and an edtech IPO filing, reflecting evolving market dynamics
Indian edtech startup Klassroom has taken a major step towards going public by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO on the Bombay Stock Exchange (BSE) SME platform. This move follows strong growth and improved profits, suggesting the
Fractal Analytics, one of India’s best-known artificial intelligence and advanced analytics companies, made a muted stock market debut on 16 February 2026, with its shares listing below the IPO price on the major exchanges. On the National Stock Exchange (NSE), shares opened at ₹876, reflecting a 2.67% discount
February 11, 2026, witnessed significant activity in the Indian startup ecosystem, with several companies securing fresh capital and key business developments unfolding. Fintech, AgriTech, homeware, and medical robotics sectors saw notable funding rounds, highlighting investor confidence in diverse innovative ventures. Among the major highlights, fintech startup Olyv successfully raised $23
Startup GoBoult, which specialises in smart wearables, intends to submit a DRHP to SEBI (the Securities and Exchange Board of India) in the months of October or November 2026. In the summer of 2027, according to cofounder Varun Gupta, the company plans to go public. The IPO process, he claimed,
The Fractal Analytics IPO is live now, and investors are watching closely. The issue opened for public subscription on 9 February and will close on 11 February 2026. Early interest has been muted, with the overall subscription still under 20% mid‑way through Day 2. But behind the IPO buzz
India’s startup ecosystem saw significant activity on 9 February 2026, with notable funding rounds in healthcare, biotech, and wellness. Pandorum Technologies raised $18 million in Series B to expand its tissue regenerative therapies globally, while Elevate Now secured ₹18 crore to build India’s first clinical weight loss platform.
The Fractal Analytics IPO has officially opened for public subscription in India, drawing attention from investors as one of the largest technology initial public offerings of 2026 so far. The three-day subscription window began on 9 February 2026 and will close on 11 February 2026. This IPO represents a significant
Elon Musk’s SpaceX is in advanced merger talks with his artificial intelligence firm xAI, as preparations begin for a potential blockbuster initial public offering (IPO) in 2026. The discussions, first reported by Reuters and confirmed by multiple global media outlets, signal a major shift in Musk’s business strategy,
For its initial public offering (IPO), insurtech startup Turtlemint has submitted an updated draft red herring prospectus (UDRHP) to the Securities Exchange Board of India (SEBI). A new issue of equity shares up to INR 660.7 Cr and an offer-for-sale (OFS) component of up to 2.86 Cr shares
Shares of Shadowfax Technologies made a subdued start to life on the Indian stock market on 28 January 2026, listing at a significant discount compared with the issue price set during its IPO. The Bengaluru-based logistics company’s share debut fell short of expectations, reflecting muted investor sentiment on the
In an effort to expand its core businesses and improve governance, the Flipkart Group appointed two senior executives. Among the new appointments are Jason Chappel to the position of VP and group controller and Amer Hussain to the position of VP of supply chain for groceries and Flipkart Minutes. Flipkart&
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StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with Sadhika Agarwal, Leading investments at the Equirus InnovateX Fund,
According to many media reports, market regulator Securities and Exchange Board of India (SEBI) approved UPI payments market leader PhonePe's initial public offering (IPO) on January 20. PhonePe hopes to generate about INR 12,000 crore (or $1.35 billion) through a pure OFS or offer for sale.
India’s startup and business ecosystem continues to witness a mix of funding momentum and major corporate developments. In today’s roundup, social networking platform Culture raised INR 2 crore in a seed round led by Acuvest Infra, while premium sneaker brand Gully Labs secured INR 30 crore in Series
Reliance Industries Limited (RIL), the parent company of Jio, has stated that once regulatory checks and balances are in place, the public offering is anticipated to take place in the upcoming months. Anshuman Thakur, SVP of Strategy & Planning at RIL, stated on the firm's Q3 earnings call
India’s startup ecosystem continues to see vibrant activity in January 2026, with major developments across space tech, online knowledge platforms, and auto-tech sectors. Space startup Ethereal Exploration Guild (EtherealX) raised $20.5 million in Series A funding to develop its first fully reusable medium-lift launch vehicle, Razor Crest Mk-1.
Vikram Chopra, CEO and cofounder of CARS24, stated that the company hopes to go public in the next six to twelve months amid the current startup IPO boom. In order to support its attempt to break into the $200 billion used car industry, Chopra emphasised notable improvements in the startup&
India’s startup ecosystem remained active on 12th January 2026, with multiple early- and growth-stage companies securing fresh capital across sectors such as supply chain, mobility, food & beverage, fintech, and proptech. Startups including Edgistify, PumPumPum, Good Farmer Food Concepts, Bluecopa, and Flent announced funding rounds aimed at scaling operations,
Kissht has received approval from SEBI, the market regulator, to move forward with its public offering. According to the most recent information on the SEBI website, OnEMI Technology, the parent company of the firm, received observations from the regulator on January 8. Issuing observations is a "green light"
Subscriptions for the INR 1,789 crore Amagi Media Labs IPO are set to open tomorrow, January 13, 2026. IPO shares are currently trading at a premium of INR 37, or almost 10% more than the issue price of INR 361, on the grey market, an illegal market where shares
Jio Platforms, the digital division of Reliance Industries Ltd. (RIL), is reportedly considering a $4 billion (INR 36,100 cr) public offering, which might be the largest IPO in India to date. Reuters was informed by sources that because of the scale of the digital business, RIL is only interested
India’s startup and corporate landscape witnessed a series of strategic developments on 8th January 2026, reflecting shifting market dynamics across e-commerce, fintech, broking, and telecom. From Myntra’s move to support emerging D2C brands through a zero-commission model to Groww strengthening its leadership in retail stock broking, the day
Reliance Jio Platforms, the telecom and digital arm of Mukesh Ambani’s Reliance Industries, is considering an initial public offering (IPO) in 2026 that could become India’s largest‑ever public listing. The company may offer just 2.5% of its shares, but even this small float could raise more
The draft red herring prospectus (DRHP) that Captain Fresh submitted to the Securities and Exchange Board of India (SEBI) has been formally withdrawn. Utham Gowda, a cofounder of Captain Fresh, acknowledged in an interview with a media outlet that the company had temporarily paused its listing attempt due to unexpected
According to multiple media reports, Zepto has submitted preliminary documents to markets regulator SEBI in order to raise INR 11,000 crore through a confidential initial public offering (IPO) on 27 December. In order to become one of the newest businesses to make their debut on Indian exchanges, the company
India’s business and startup ecosystem saw major developments on December 26, 2025, spanning quick commerce, gig economy unrest, and strategic corporate expansion. Zepto moved a step closer to public markets by approving a ₹11,000 crore fundraise ahead of its confidential IPO filing, signaling strong ambitions for scale. Meanwhile,
Indian quick commerce firm Zepto has taken a major step towards going public, with its board approving plans to raise up to INR 11,000 crore (about $1.3 billion) ahead of a confidential filing with the Securities and Exchange Board of India (SEBI). This news marks a significant moment
India’s startup ecosystem remained vibrant on 17th December 2025, marked by fresh funding rounds across biotechnology, creative AI, and longevity science, alongside major IPO-driven milestones. Early-stage biotech startup Cellarim Labs, experiential tech player Tagbin, and longevity-focused Decode Age collectively raised capital to scale innovation, research, and market expansion. Meanwhile,
According to various media reports, Zepto, a quick commerce (qcom) unicorn, is expected to submit the draft documents for its impending initial public offering (IPO) within the next seven to eight days, as reported by Business Standard. The business plans to go public the following year and is anticipated to
India’s startup ecosystem continued to witness strong momentum on 16th December 2025, with funding activity spanning spacetech, D2C beauty, climate tech, deep tech, and consumer appliances. Spacetech startup Digantara led the day with a $50 million Series B round, while haircare brand Moxie Beauty and shapewear startup Underneat secured
According to multiple media sources, Temasek-backed upGrad has started early preparations for an IPO that might garner $350–400 million. The company is investigating inorganic expansion through possible mergers and acquisitions at the same time as the IPO push. As reported by media houses, upGrad is investigating a possible $300–
According to various media reports, Walmart-owned online retailer Flipkart has been given permission by the National Company Law Tribunal (NCLT) to move its headquarters from Singapore to India. This move brings the company one step closer to its eagerly awaited public listing on Indian exchanges. The Bengaluru-based online retailer has
For an INR 2,342.3 Cr IPO, Shiprocket has submitted its revised draft red herring prospectus (UDRHP) to SEBI. A new issue of equity shares up to INR 1,100 Cr and an offer-for-sale (OFS) component up to INR 1,242.3 Cr would make up the company'
The Indian startup ecosystem recorded a dynamic day on 10th December 2025, marked by strong fundraising momentum across fintech, energy efficiency, clean nutrition, edtech, AI, and pet care. Major deals included Skydo’s $10M Series A, Smart Joules’ $10M Series B, and significant rounds for Uolo, Earthful, KNOT, and Dr.
Meesho’s IPO pops 46% on NSE on the listing day, driving instant profits and triggering massive market buzz...
According to a Bar & Bench story, office space company WeWork India received significant relief on December 1st when the Bombay High Court maintained the Securities and Exchange Board of India's (Sebi) licence for its 3,000 crore initial public offering (IPO). The report also stated that petitioner
After the 2022 IPO hype, SEBI called out Droneacharya for "fraudulent practices" and imposed a ban...
Wakefit Innovations, a home and furniture company, plans to issue new shares valued at INR 377 crore as part of its first public offering (IPO) on December 8. According to the red herring prospectus (RHP), the Bengaluru-based company's initial public offering (IPO) will end on December 10, and
Lenskart has released its first quarterly results since going public, and the numbers signal a strong and confident start. Co-founder and CEO Peyush Bansal shared the update on LinkedIn, expressing gratitude and reaffirming the company’s long-term mission. “From those to whom much is given, much is expected,” he wrote,
India’s startup ecosystem remained active on 28th November 2025, recording significant funding activity across clean energy, logistics-tech, and sports-tech segments. The day also saw major business developments, including Meesho’s much-anticipated IPO drawing strong market attention. Here’s a quick breakdown of all the major funding announcements and key
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Meesho’s IPO created one of the largest liquidity events in India’s consumer internet space, turning early believers and founders into instant wealth creators. The e-commerce platform’s public listing not only rewarded institutional investors with substantial cash exits but also delivered extraordinary multiples for the founders and angel
The profits for the Meesho founders and early investors are as big as 10,000x, so who is getting how much? Learn more.
The 25th November 2025 edition captures another impactful day across India’s startup and business ecosystem. From multimillion-dollar funding rounds in wealth-tech, AI procurement, biotech, and deep-tech healthcare to a landmark regulatory approval for the country’s first AI-focused IPO, the day brought a mix of scale, innovation, and investor
After capital markets regulator SEBI approved Fractal Analytics' initial public offering (IPO), India is about to see its first real AI startup listed on the public markets. The company is comparable to Palantir, the US-listed analytics and decision-intelligence corporation, and has spent 25 years developing a global enterprise AI
Stay updated with the latest developments in India’s startup and business ecosystem. The 20th November 2025 roundup captures major funding announcements across agri-tech, fintech, logistics, AI, and emerging tech, alongside key business updates from leading platforms like Zomato and Zepto. Highlights include Agraga raising INR 100 Cr to strengthen
Stay updated with the latest developments across India’s startup and business ecosystem. The 19th November 2025 roundup captures major funding announcements in rural mobility, logistics, construction-tech, and voice AI, along with key corporate updates from global giants like Apple and milestone market performances such as the PhysicsWallah IPO. Here’
From an INR 109 issue price to an INR 155.24 close on day one marks a dashing debut at the stock market. The stock beat every expert prediction because...
India’s startup ecosystem remained vibrant on 12th November 2025, marked by a flurry of funding activities and key corporate developments across sectors. From Bombay Shaving Company’s major pre-IPO funding round to Groww’s remarkable stock market debut and governance updates from Tata Trusts, the day highlighted strong investor
A 14% premium on the BSE and a 12% premium on the NSE for Groww.What Really Happened on Groww’s Listing Day?
Physics Wallah, an edtech unicorn, announced on 10 November that it has secured INR 1,563 crore from anchor investors, one day before its initial public offering (IPO) opened. This will be the nation's first significant pure-play edtech company to list on an initial public offering (IPO). A
Capillary Technologies has submitted the red herring prospectus (RHP) for its initial public offering (IPO), which includes an offer for sale (OFS) of up to 92.29 lakh shares and a fresh issue of up to INR 345 Cr. Bidding for the IPO will begin on November 14 and end
India’s startup ecosystem witnessed a mix of funding activity and market developments on 7th November 2025. Robotics startup Miko secured fresh capital from global media giant iHeartMedia, while fintech major Pine Labs raised significant anchor investments ahead of its IPO. Meanwhile, eyewear brand Lenskart made headlines as its grey
The Grey Market Premium is clearly losing its excitement. However, Lenskart's total bids shocked everyone, with investors oversubscribed by over 28.3 times. So, what's going on?
Physics Wallah Ltd., an education technology company supported by WestBridge, announced its IPO price range of INR 103–109 per share, propelling its founders, Alakh Pandey and Prateek Boob, into the billionaire ranks. The company's highest valuation is INR 31,170 crore. Pandey and Boob each own 105.