Archive · 14 Nov 2025
ProcMart Aims for FY28 IPO, Projects ₹1,000 Cr Revenue in FY26
ProcMart is a company that helps other businesses buy the supplies they need, especially for fixing and maintaining their equipment.
They are growing really fast in places like India and Southeast Asia.
They just got a lot of money from investors and plan to become a public company, like on the stock market, by the year 2028.
They think they will make a lot of money, about a thousand crore rupees, by the year 2026.
They are also expanding into new places like Dubai and Abu Dhabi, and want to go to Africa next.
They have hired new leaders to help them get ready for being a public company.
ProcMart, a B2B marketplace, is targeting an IPO by FY28.
The company expects its revenue to reach ₹1,000 crore in FY26.
ProcMart recently raised $30 million in a Series B funding round led by Fundamentum Partnership.
Its core offering is MRO solutions, which account for 60% of its revenue, with extensions into packaging and biofuel.
Expansion efforts are focused on Southeast Asia, the UAE (as a gateway to Africa), and strengthening leadership and governance for the IPO.
- Who
- ProcMart, a B2B marketplace
- What
- Preparing for a public market debut (IPO) by FY28, with projections of reaching ₹1,000 crore in revenue by FY26.
- When
- Preparing for IPO by FY28, projecting revenue milestone in FY26, with recent funding in April 2024.
- Where
- Scaling across India and Southeast Asia, with recent operations launched in Dubai and Abu Dhabi, and plans for African markets.
- Why
- To fund aggressive scaling and global expansion.
- Projected FY26 Revenue
- ₹1,000 crore
- Target IPO Year
- FY28
- Primary Offering
- MRO (Maintenance, Repair, and Operations)
- Key Sectors
- FMCG, Auto, Pharma, Power
- Recent Funding
- $30 million Series B in April 2024
- Lead Investors
- Fundamentum Partnership, Edelweiss Discovery Fund