InMobi Prepares for Public Debut; Adtech Giant Appoints Bankers for Upcoming IPO

Source: GNews IPO
Arth Insight · What this means for your wallet
- InMobi has appointed investment bankers to lead its upcoming Indian IPO.
- The company recently moved its headquarters back to India from Singapore to facilitate the listing.
- This will be one of the most anticipated tech IPOs, offering exposure to the global mobile advertising sector.
SoftBank-backed adtech unicorn InMobi has officially kickstarted its IPO process by appointing investment bankers. The company, which recently shifted its base back to India, is eyeing a domestic listing to capitalize on the growing digital advertising market.
- ▸InMobi has appointed investment bankers to lead its upcoming Indian IPO.
- ▸The company recently moved its headquarters back to India from Singapore to facilitate the listing.
- ▸This will be one of the most anticipated tech IPOs, offering exposure to the global mobile advertising sector.
- ▸Specific details like price band and dates will be known once the DRHP is filed with SEBI.
- ✓InMobi has appointed investment bankers to lead its upcoming Indian IPO.
- ✓The company recently moved its headquarters back to India from Singapore to facilitate the listing.
- ✓This will be one of the most anticipated tech IPOs, offering exposure to the global mobile advertising sector.
- ✓Specific details like price band and dates will be known once the DRHP is filed with SEBI.
InMobi, India’s first unicorn and a global leader in mobile advertising technology, has formally initiated its journey toward an Initial Public Offering (IPO). The company has reportedly appointed investment bankers to manage the public issue, marking a significant milestone for the Bengaluru-headquartered firm as it seeks to tap into the Indian capital markets.
Strategic Shift to India
The move comes shortly after InMobi moved its holding company from Singapore back to India, a process often referred to as 'reverse flipping.' This structural change was a clear precursor to a domestic listing, aligning with a broader trend of Indian startups like PhonePe and Groww returning home to leverage local investor appetite and regulatory familiarity.
Growth and Market Position
Founded in 2007 by Naveen Tewari, InMobi operates a sophisticated mobile advertising platform that competes globally with giants like Google and Meta. The company’s ecosystem includes Glance, a lock-screen content platform that has seen massive adoption across smartphone brands. By going public, InMobi aims to provide an exit for early investors, including SoftBank, while raising capital to fuel its next phase of AI-driven expansion.
What This Means for Investors
While the specific issue size, price band, and valuation targets are yet to be disclosed in a Draft Red Herring Prospectus (DRHP), the appointment of bankers indicates that the filing could happen in the coming months. Retail investors should watch for the DRHP filing, which will reveal the company’s financial health, debt levels, and how it plans to use the IPO proceeds.
- Banker Appointment: The first formal step in the IPO process has been completed.
- Listing Venue: The company is expected to list on the NSE and BSE.
- Sector Impact: A successful InMobi IPO could boost sentiment for other Indian SaaS and Adtech firms planning to go public.
This report is for informational purposes only and does not constitute financial or investment advice.
IPO investments are subject to market risk and allotment. Read the RHP / prospectus before applying; grey-market premium (GMP) is unofficial and unreliable. Some listings may be sponsored. Not investment advice.
Frequently Asked Questions
When will the InMobi IPO open for subscription?
The specific dates are not yet announced. The company has just appointed bankers; the next step is filing the DRHP with SEBI, which usually happens a few months before the launch.
Why did InMobi move its base to India?
InMobi moved its holding company from Singapore to India to simplify the regulatory process for a domestic IPO and to cater to the growing interest of Indian retail and institutional investors.
Who are the major investors in InMobi?
SoftBank is one of the largest and most prominent investors in InMobi, having backed the company since its early stages.
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