Five takeaways from Snapdeal's IPO filing

Moneycontrol summarises key takeaways from Snapdeal's Draft Red Herring Prospectus

Priyanka Sahay

December 21, 2021 / 13:41 IST

Softbank-backed Snapdeal on December 21 filed draft papers to raise Rs 1,250 crore in a fresh issue through an initial public offering (IPO). The e-commerce firm claims to be having 70 percent of its customers coming straight from Tier 2 towns and therefore focuses on selling affordable products with value for money all under Rs 1,000.

Moneycontrol summarises key takeaways from Snapdeal's Draft Red Herring Prospectus (DRHP).

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Priyanka Sahay

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