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Article: Exclusive: Flipkart completes reverse flip; shifts domicile from Singapore to India ahead of IPO

Impact Score

5 / 10

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Flipkart has completed its legal shift of domicile from Singapore back to India, receiving necessary government approvals. This move paves the way for the Walmart-owned e-commerce company to proceed with its planned initial public offering (IPO) in India.

The company has begun meeting with merchant bankers for the listing process and aims to file its draft prospectus later this year.

The main topics covered are Flipkart's corporate restructuring, its upcoming IPO plans, and the regulatory approvals involved.

Original URL

https://economictimes.indiatimes.com/tech/technology/exclusive-flipkart-completes-reverse-flip-shifts-domicile-from-singapore-to-india-ahead-of-ipo/articleshow/129318771.cms

Source Feed

Tech-Economic Times

Published Date

2026-03-09 07:30

Fetched Date

2026-03-09 05:30

Processed Date

2026-03-09 05:30

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Present

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Raw Extracted Content

Ecommerce marketplace Flipkart has completed its reverse flip, shifting its domicile back to India from Singapore, people aware of the matter said. The Walmart-owned company had received a nod from the National Company Law Tribunal (NCLT) in December but was awaiting central government approval under the Press Note 3 rules, ET had reported earlier.
This clears the way for the online retailer to officially go ahead with its plans to list in India, for which it has started meeting merchant bankers. Flipkart is aiming to file its draft prospectus later this year.
ET has reached out to Flipkart for a comment.
This clears the way for the online retailer to officially go ahead with its plans to list in India, for which it has started meeting merchant bankers. Flipkart is aiming to file its draft prospectus later this year.
ET has reached out to Flipkart for a comment.