Navi Restarts IPO Prep, Eyes Launch In Second Half Of FY26

The company has started initial discussions for the IPO but valuation and other details have not been finalised

The launch of Navi IPO may happen in the second half of FY26

Notably, Navi first filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in 2022

In what is its second attempt to go public, Sachin Bansal-led fintech unicorn Navi has initiated discussions with merchant bankers in a bid to launch its initial public offering (IPO). 

Bansal told ET that the company…