The IPO valuation looks aggressive since the company is approaching the primary market in the initial stage of operations where capital expenditure (capex) is higher to build capacities while the benefit in terms of higher cash flows and profit will flow in subsequent years. Given these factors, the issue looks more suitable for long-term investors with a high risk appetite.
Specialised realty platforms drive India’s next wave of IPOs
India’s real estate sector is on the rise, with innovative public market listings through specialized platforms. These enterprises demonstrate stability with recurring revenue and institutional
August 7, 2026