Archive · 22 Jul 2026
InMobi Plans $1 Billion IPO
InMobi, an Indian company that helps businesses advertise on mobile phones, is planning to go public and raise $1 billion.
This means they will sell shares of their company to the public for the first time.
They have hired big banks like JPMorgan and Jefferies to help with this process.
The money from the IPO will help InMobi grow and expand.
The company was started in 2007 and is based in Bengaluru, India.
SoftBank, a big investment company, has been a major backer of InMobi.
The IPO is expected to start soon, and InMobi hopes to be valued at $5-6 billion.
This could be a big boost for the Indian IPO market, which has been slow this year.
InMobi plans a $1 billion IPO with JPMorgan, Jefferies, Kotak Mahindra Capital, and Axis Capital as underwriters.
The IPO aims to support growth, operational expansion, and strategic initiatives.
InMobi is re-domiciling from Singapore to India in preparation for the public listing.
The company is expected to seek a valuation of $5-6 billion.
SoftBank recently sold a large portion of its stake in InMobi back to the company for about $250 million.
- Who
- InMobi, a SoftBank-backed Indian ad tech firm
- What
- Planning a $1 billion IPO
- When
- Expected to start later this week
- Where
- India
- Why
- To support growth, operational expansion, and strategic initiatives
Pro-IPO Perspective
Cautious Perspective
Market Timing
Pro-IPO Perspective
The IPO is well-timed to capitalize on a recovering market and strengthen InMobi's market presence.
Cautious Perspective
Geopolitical turmoil has slowed the Indian IPO market, making the timing risky.
Valuation
Pro-IPO Perspective
A valuation of $5-6 billion is reasonable and aligns with industry standards.
Cautious Perspective
The valuation may be ambitious given current market conditions.
- Company
- InMobi
- Founded
- 2007
- CEO
- Naveen Tewari
- Backed by
- SoftBank
- IPO Size
- $1 billion
- Expected Valuation
- $5-6 billion
- Headquarters
- Bengaluru, India
- Current Status
- Redomiciling from Singapore to India