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Spinny pre-files for IPO, targets ₹6,000 crore FY26 revenue

Used-car retailer Spinny confidentially pre-filed IPO papers with SEBI, targeting a Rs 2,500-3,000 crore raise and a 2027 listing. FY26 revenue is estimated near Rs 6,000 crore as it plans to expand buyer operations from 25 to around 35 cities.

Spinny revenue rose in FY25 and is estimated near ₹6,000 crore for FY26
  • FY24 revenue₹3,730 crore
  • FY25 revenue₹4,657 crore
  • FY26 revenue (estimated)approximately ₹6,000 crore

Newer report on another story , , Autocar Professional : Spinny logs record 1,370 used-car deliveries in a single day on first day of Navratri, up 96% year on year

Reported figures

From the report. Source details below

FY25 revenue Rs 4,657 crore
FY24 revenue Rs 3,730 crore
Last funding round approximately $165 million
Last valuation $1.5-1.8 billion

Also in the report

  • Approximately $780 million raised to date

Other figures

  • 15,000 cars sold monthly
  • 100+ seller cities

The source

Source Read the source at Entrackr Published

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Note Information, not investment advice. RetailIntel is not registered with SEBI.