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IPO● Neutral for Indian equities
Cars24 expects to be eligible to file IPO papers by April after reverse flip
The brief
- Cars24 expects to be eligible to file its DRHP by April 2026
- The company has received approval for its reverse flip from Singapore to India
- Prospective Indian IPO investors await Cars24’s filing after its reverse flip
- Thar, Scorpio, XUV 7XO may get costlier as Mahindra weighs another SUV price hike
- Mahindra weighs another SUV price increase as commodity costs rise
- Tata Motors focuses on sedan amid mounting cost pressures
- Another price hike inevitable due to higher input costs: Tata Motors PV MD Shailesh Chandra
- Suzuki Confirms Range Extender for Compact Cars with Plug-In Capability