Spinny pre-files for IPO, targets ₹2,500–3,000 Cr raise

Indian used-car marketplace Spinny has pre-filed its IPO papers and aims to raise ₹2,500–3,000 Cr via fresh shares and an offer for sale, with a potential listing in 2027. FY25 revenue reached ₹4,656 Cr while losses narrowed 28% to ₹423.8 Cr.

• Spinny targets ₹2,500–3,000 Cr IPO with listing eyed for 2027
• FY25 revenue hit ₹4,656 Cr, nearly doubling in two years
• FY25 loss narrowed 28% to ₹423.8 Cr
• Spinny acquired GoMechanic for about ₹450 Cr in November 2025