Spinny confidentially pre-files IPO; appoints Ex Bharti executive Akhil Gupta as board chairman

"Used-car retailing platform Spinny has confidentially pre-filed its draft IPO papers with the Securities and Exchange Board of India (SEBI), three people aware of the matter told Entrackr “Spinny is looking to raise around Rs 2,500-3,000 crore through the IPO. The issue is likely to include both a fresh issue of shares and an offer for sale (OFS),” said one of the sources requesting anonymity. Spinny is targeting a 2027 public market debut and is working with Kotak Mahindra Capital…