Scripbox moves to become public company before IPO
By Abha Lohia · Editor ·
Scripbox: revenue, valuation and funding and every story →
Pre-IPOBengaluruFounded 2012
- Scripbox runs a Bengaluru-based online platform for investing in funds, deposits, foreign shares and pensions, plus planning help
- Its board approved converting the firm into a public limited company, dropping 'Private' from its name, as a step toward listing
- The planned offering would mix newly issued shares with a sale by existing shareholders, following a recent plan to raise up to Rs 170 crore
What happened
- Board approved turning the firm into a public company.
- Legal name changes to drop 'Private'.
- The IPO would combine a fresh issue and an offer for sale.
Why it matters
- A public company status is needed before a stock market listing.
- It follows a plan to raise up to Rs 170 crore through equity and debt.
- It also follows the June purchase of a mutual fund distribution business.
The business
- Digital wealth management platform.
- Offers funds, deposits, overseas shares, ETFs and pension products.
- Also offers financial planning and advice.
The founders
In numbers
up to Rs 170 crorePlanned raise · 2026
What happens next
- File for the IPO
The numbers around it
Scripbox has 1 funding rounds in StopDown's archive, >$55 Mn raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 15 May 2026 | debt-and-equity | ₹43 crore | Accel |
Financial Services in November 2026: 4 rounds with a disclosed amount, $166 million in all; the biggest was OnEMI (₹832 Cr). Every sector this year →
Terms in this story
- IPO: An IPO, or initial public offering, is the first time a company sells its shares to the public and lists on a stock exchange. In India SEBI supervises it and the shares trade on the NSE and BSE. A retail investor can bid up to ₹2 lakh, and the issue stays open for three working days.
- Pre-IPO placement: A pre-IPO round is a fundraise by a company shortly before it lists on the stock exchange, usually from large investors. In India, a pre-IPO placement is a specific version: the company sells new shares privately after filing its draft papers and before the public issue. It is allowed within limits.
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Everything on Scripbox → · All startup news on 5 November 2026 →
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