Archive · 16 Sep 2025
Snapdeal Focuses on Value Fashion to Boost IPO Prospects
Snapdeal, an online shopping company, is trying to get more popular, especially in smaller towns.
They're focusing on selling cheap clothes and other lifestyle items.
The company is also planning to raise money by selling shares to the public, which is called an IPO.
They need to get permission from the government to do this.
While they've been around a while, they aren't as big as some other online stores.
The company is investing in advertising and improving how quickly they deliver products.
However, some experts think it's hard for them to grow in a crowded market with lots of competition.
Snapdeal is prioritizing fashion and lifestyle categories for growth.
The company is preparing for an IPO and needs regulatory approval.
Fashion accounts for a significant portion of Snapdeal's business.
Snapdeal focuses on value-conscious customers, particularly in smaller towns.
Competition is strong, and customer loyalty is low in the value retail segment.
- Who
- Snapdeal
- What
- Focusing on value fashion to strengthen its position in e-commerce and prepare for an IPO.
- When
- Waiting for approval from Sebi before the end of the financial year.
- Where
- India, especially smaller towns and cities.
- Why
- To boost growth, increase market share, and improve investor sentiment ahead of its IPO.
- Company
- Snapdeal
- CEO
- Achint Setia
- IPO Filing
- Draft papers filed in July for ₹500 crore
- Fashion Growth
- Tripled this year
- FY24 Revenue
- ₹379.6 crore
- FY24 Losses
- ₹160 crore
- Market Share
- Behind Flipkart, Meesho, and Amazon