OfBusiness plans $800M IPO filing by mid-November at $5–6B valuation
Indian B2B commerce unicorn OfBusiness is reportedly preparing to file its DRHP by mid-November for an IPO of about $800 million, including up to $260 million in fresh shares. The planned listing follows stronger profitability, manufacturing integration and an exit from lower-return segments.
Indian B2B ecommerce unicorn OfBusiness plans to file a DRHP for an $800 million IPO by mid-November, targeting a $5-6 billion valuation. The listing revival follows improved profitability, manufacturing integration and an exit from lower-return segments.
Why this matters
The filing plan extends OfBusiness’s mid-November DRHP target and follows its stated focus on SME commerce, financing and leadership depth, plus FY26 exports exceeding ₹2,500 crore.
Retail-company signals are accelerating, up 183050% QoQ.