Intex weighs fundraising and IPO plans amid festive sales
In short
Intex is considering fundraising and an IPO while festive sales support its expansion plans.
The company says it wants ₹1,500 crore in revenue by FY28 and is growing manufacturing, stores and quick-commerce distribution. The report says chip shortages are also pushing up television prices, but the size and timing of any deal were not stated.
What the reporting says
Intex is weighing fundraising and IPO plans as festive sales support expansion, according to a BusinessLine Companies summary. The company is described as cash-flow positive and targeting ₹1,500 crore in revenue by FY28 while expanding manufacturing, physical stores and quick-commerce distribution. The report also says chip shortages are pushing up television prices. The exact size and timing of any fundraise or IPO remain unknown.
Why it matters
Intex is weighing fundraising and IPO plans as festive sales support expansion, according to a BusinessLine Companies summary. The company is described as cash-flow positive and aiming for ₹1,500 crore in revenue by FY28 while expanding manufacturing, physical stores and quick-commerce distribution. The report also links chip shortages to higher television prices. The filing or deal structure is not stated, and no timeline is given.