Is Practo Planning an IPO in 2026?

Simran

Practo is planning an IPO in the second half of 2026, with early talks underway to appoint investment bankers.

The company began discussions with advisers in late 2025, targeting a listing amid strong demand in India’s IPO market.

Practo will shift its legal domicile from Singapore back to India by February 2026 to meet SEBI listing rules.

FY24 revenue stood at Rs. 240 crore, losses narrowed to Rs. 17 crore, and FY25 EBITDA turned positive at Rs. 15 crore.

Backed by Peak XV, Matrix, and Tencent, Practo may seek a $1–2 billion valuation for its public debut.

Read More Stories