Markets & IPO

Urban Company's core marketplace reached its highest reported operating profitability while consolidated results swung to a loss. The quick-service vertical InstaHelp lost ₹131.58 crore on ₹11.11 crore of revenue.

FNP has set an end-2028 listing target and is guiding to 25% annual revenue growth. The same executive said in 2024 that the company would list in FY27.

Zepto and its investors are discussing a post-money IPO valuation of about $3 billion, less than half the mark set in October 2025. No decision on pricing or structure has been taken.

Turnover at BigBasket's consumer arm rose 7.7% in FY26 while losses widened 66%. The two entities together lost ₹3,175 crore, close to two-thirds of parent Tata Digital's net loss for the year.

Visage Lines Personal Care more than doubled operating revenue in FY26 and reported its first positive adjusted EBITDA. The figure is struck after adding back ESOP cost, and the company remains loss-making.

The board has cleared up to 3.5 lakh debentures of ₹1,000 each, to be placed privately in tranches. Terms including coupon, tenure and security remain undisclosed.

Blinkit contributed 77.5% of operating revenue under an inventory-led model that books the full value of goods sold. The 47% sequential fall in profit reflects a higher tax charge, not weaker operations.

As revenue climbs 196% to ₹17,292 crore, the newly restructured Eternal entity proves that the aggressive bet on quick commerce is fundamentally rewriting the unit economics of Indian retail.

Following a steep decline in gaming revenue and strict regulatory headwinds, the Dream11 parent company is leveraging its massive user base to challenge established discount brokers in the wealth management sector.