Key Highlights: 📊 3 Major DRHP Filings:
Amagi Media Labs (₹1,020 Cr fresh issue) - Backed by Accel, Norwest, Avatar Ventures, Premji Invest
Lenskart (₹2,150 Cr fresh issue) - ₹6,600 Cr revenue, 20% EBITDA margin
Curefoods (₹800 Cr fresh issue) - Backed by Accel, Chiratae, Altavista, Zephyr, Iron Pillar
💰 4 IPOs Completed:
Indiqube (₹4,800 Cr market cap) - Co-working space
Smartworks (₹4,400 Cr market cap) - Co-working space
GNG Electronics/Electronics Bazaar (₹2,700 Cr market cap) - Used laptops B2B
CARSAC (₹4,300 Cr market cap) - Study abroad services
🔄 Secondary Market Activity:
₹6,700 Cr in pre-IPO liquidity (Lenskart alone: ₹4,200 Cr)
₹1,500 Cr in IPO OFS
₹1,600 Cr in post-IPO exits
Post-IPO Exits: • India Shelter Finance Corporation - Nexus Ventures (₹478 Cr) • Happy Forgings - Motilal Oswal fund (₹371 Cr) • Ixigo - Elevation Capital (₹217 Cr) • Mankind Pharma - Bain Capital (₹563 Cr)
Blume Portfolio Parallels: • Beehive (co-working like Indiqube/Smartworks) • Cashify (refurbished electronics like GNG)
Post-listing price discovery insights: GNG up 30%, CARSAC up 46% within first week
Part of Blume Ventures' Decoding Exits series analyzing liquidity generation across pre-IPO, IPO, and post-IPO journeys.
#IPO #IndianStartups #PublicMarkets #VentureCapital #Lenskart #StartupIndia #StockMarket #BlumeVentures #DecodeExits
Chapters:
00:00 Introduction - July Public Market Update
00:14 DRHP Filings - Amagi, Lenskart & Curefoods
02:27 Pre-IPO Secondary Market Analysis
04:14 July IPOs - Four Major Listings
07:39 Post-Listing Price Discovery
08:59 Post-IPO Liquidity Events
10:10 Summary - Total Liquidity Generated