📊 Cashify Plans ₹1,500–1,800 Cr IPO, Appoints Bankers

Cashify has selected ICICI Securities, JM Financial and Nomura as bankers for its upcoming IPO. The company aims to raise around ₹1,500–1,800 crore, with the mix of fresh issue and OFS to be decided later. Early investors like Bessemer, Olympus Capital and Blume Ventures are expected to sell shares via OFS. The IPO move reflects a trend of new-age companies shifting towards public markets instead of private funding. Cashify is proceeding with listing plans despite ongoing geopolitical uncertainties. #IPO #Cashify #StockMarketIndia #StartupIPO #MarketNews