Mobikwik, Oyo Rooms and Delhivery to soon join the IPO startup party

The local primary market is gear- STARTUP IPOs ing up for a slew of Indian startups looking to raise money through initial public offerings.

Following the success of Zomato NSE -2.99 %’s listings, many of these new-age businesses are readying IPO plans. While three large startups — Nykaa, PolicyBazaar and Paytm — will wrap up their share sales in November, there are a few awaiting approval from the Securities and Exchange Board of India to launch their IPOs.