GyFTR Debuts On NSE Without An IPO Via LKP Finance Reverse Merger
Digital gift-voucher and rewards platform GyFTR lists on NSE Friday through a reverse merger with LKP Finance, bypassing a traditional IPO. Already BSE-traded near Rs 170-175, it implies a market cap of roughly Rs 1,340 crore as it targets wider retail investor participation.
Digital rewards and gift-voucher platform GyFTR debuts on NSE Friday without an IPO, having listed via reverse merger with LKP Finance. Already BSE-traded near Rs 170-175, implying ~Rs 1,340 crore market cap, it targets wider retail participation.
Why this matters
GyFTR's NSE debut via reverse merger with LKP Finance marks a rare non-IPO route to public markets for a digital gift-voucher and rewards platform, expanding retail investor access.
Retail-company signals are accelerating, up 700700% QoQ.