IPO
ACKO picks bankers for IPO
By Startup Enthusiast ·
- Date
- Company
- ACKO
- What it does
- IPO plans, Bengaluru
- Kind
- IPO
- Based in
- Bengaluru
- Founded
- 2016
What they do
ACKO hired investment banks in April 2026 to manage a stock market listing, aiming at a value of $2 billion to $2.5 billion
What happened
Reports said Morgan Stanley, ICICI and Kotak would manage the issue, which could raise around $250 million to $350 million
Why it matters
The company is targeting a listing in the first half of 2027, with a confidential filing planned first
The details
- ACKO appointed bankers in April 2026.
- The target valuation is $2-2.5 billion.
- Listing is targeted for H1 2027.
- The filing may be done confidentially.
Other articles talking about it
More on ACKO
- ACKO launches DriveCam, Clinic and AirPass1 October 2026 · Launch
- ACKO grows own car garage network28 August 2026 · Launch
- IRDAI bars ACKO from opening new branches20 August 2026 · Policy
- CCI clears General Atlantic's extra ACKO stake18 August 2026 · Stake sale
- ACKO eyes $300 million IPO filing9 June 2026 · IPO · $300 million
- ACKO adds four senior leaders before IPO3 June 2026 · People
- ACKO's insurance arm turns profitable11 May 2026 · Results
- Acko cuts 60 staff for AI shift ahead of IPO20 April 2026 · Layoffs
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