Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

Navi hires banks for $315m IPO (Q1 2027), Bansal's second shot after 2022 stalled; four-year gap. Market skepticism likely: Navi posted FY2025 losses, weathered RBI pricing ban (Oct 2024), and faces a crowded fintech IPO pipeline amid tight sentiment.