CarDekho To File DRHP For ₹3,500 Cr IPO This Quarter

Auto classifieds startup CarDekho’s parent Girnar Software is looking to file the draft papers with SEBI for an IPO of up to ₹3,000-3,500 Cr in the ongoing July-September quarter, sources told Inc42. The IPO will comprise both fresh issue as well as an offer for sale, with the size of the fresh issue expected to be around 10% of the total issue size, the sources added. The unicorn is eyeing a valuation of ₹13,000-15,000 Cr for the IPO, higher than the ₹9,000 Cr it was valued at during its last e