INDIA MARKET LENS
◆ MixedIPO & Listings

Cars24 expects to be eligible to file DRHP by Apr: CFO

A ipo & listings development with market-wide reach.

27 Sept 2026 · Economic Times Markets

Cars24 is gearing up to submit its draft red herring prospectus for an anticipated IPO in India by April 2026. The company is in the midst of a strategic shift, returning operations from Singapore to India, a transition projected to take six to nine months. With a robust valuation of $3.

Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.