InsuranceDekho plans ₹3,000-cr IPO, eyes valuation of ₹9,500 cr

Gurugram-based insurance distribution platform InsuranceDekho plans to submit its draft red herring prospectus for its IPO in September and plans to raise ₹2,500-3,000 crore at a valuation of around ₹9,500 crore. The offer structure is expected to rely on a sizeable fresh issue and an offer-for-sale by early investors. The company is targeting a March 2027 launch for the offering.