Sachin Bansal's Navi to file for ₹4,000-cr IPO this week: Report

Financial services company Navi Technologies is planning to file draft papers with SEBI for ₹4,000-crore initial public offer (IPO) this week, PTI reported. The issue is expected to open in June and will be a fresh issuance of equity shares with no offer-for-sale component. Flipkart Co-founder Sachin Bansal co-founded Navi with Ankit Agarwal after exiting the e-commerce startup in 2018.