Square Yards to raise Rs 2,000 Cr via IPO at $1.5-$2 Bn valuation

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Here’s a structured list based on the information provided:

Company Details

  • Startup: Square Yards
  • Founded: 2013
  • Valuation: $1.5–2 billion
  • Revenue Target: Rs 2,000 crore
  • EBITDA Target: Rs 200 crore by FY26
  • Operating Revenue in FY25: Rs 1410 crore
  • Gross Profit in FY25: Rs 316 crore

Fundraising Details

  • IPO Amount: Rs 2,000 crore (split equally between primary and secondary components)
  • Purpose of Funds: Exit opportunity for early investors and debt reduction
  • Total Funding Raised: $200 million

Investment Details

  • Lead Investor: Reliance Group (8% stake)

Founders

  • Founders: Not specifically named in the text, but they are expected to hold more than 50% stake after the IPO.

Series & Dates

  • IPO Filing Date: Likely within the current financial year (exact date not specified).

This overview captures the key elements regarding Square Yards, its fundraising strategies, and the investors involved.

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2025-07-07 07:54:54