Tele shopping and E commerce start up Naaptol aims for INR 1000 cr IPO

• ByStartupStory     |    February 1, 2022

The contemplated IPO will be a mix of primary and secondary shares sales as some of the subsisting backers of the company want to sell part of their shares in the IPO while a new combination will be utilised in sustaining its back- end and the online shopping portal. 

Naaptol Online shopping Pvt. ltd, which runs teleshopping and online shopping platforms, planning to cast an earliest public offering that could behold two people conscious of the development.

Naaptol was founded in 2008, as a TV- first platform for product discovery.

It sells products through TV channels in multiple languages, including Hindi, Tamil, Telugu, Malayalam, and Kannada.

“ This company is already bustling on its draft prospectus.”

They are being considered by investment banks ICICI securities and Anand Rathi.

The proposed IPO will be combined a mix of primary and secondary share sales as some of the subsisting backers of the company want to merchandise apart of their shares in the IPO, while fresh fundraising will be used to bear its back- end and the online retail portal.”

The company aspires that its onmichannel platform with a mix tele shopping and e commerce will support stand apart from other e commerce companies and entice investor.

Follow Startup Story