Spinny Confidentially Files IPO Papers, Eyes Up To ₹3,000 Cr Issue

Used-car marketplace Spinny has pre-filed IPO papers with the Securities and Exchange Board of India (SEBI), sources told Inc42. The Gurugram-based startup is looking to raise ₹2,500 Cr to ₹3,000 Cr through a combination of fresh shares and an offer for sale (OFS), the sources added. Spinny is targeting a potential listing in 2027, although the exact timeline will depend on regulatory approvals.