# Sachin Bansal’s Navi plans Rs 3,000 crore IPO by December

2026-08-13T09:57:18+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Navi, Sachin Bansal's fintech firm, is reportedly planning to file for a Rs 3,000 crore IPO by December this year, according to a Bloomberg report cited by Business Today and Inc42. The proposed offering is said to be a fresh issue of shares with no offer-for-sale component, targeting a valuation of up to $2 billion. Navi has appointed JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorgan as advisers, though the company declined to confirm the plans, calling the reports speculative. Navi had earlier filed a draft prospectus in March 2022 for Rs 3,350 crore and received regulatory approval, but deferred the listing amid subdued investor sentiment.

## Coverage

- businesstoday.in <https://www.businesstoday.in/markets/ipo-corner/story/navi-mulls-for-rs-3000-crore-ipo-sachin-bansals-fintech-firm-eyes-2-billion-valuation-548987-2026-08-13?utm_source=rssfeed>
- inc42.com <https://inc42.com/buzz/navi-to-file-for-%E2%82%B93000-cr-ipo-by-december-report/>

Tags: fintech, Indian stock market, IPO, Navi, Sachin Bansal, startups
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