Ullu’s IPO delayed, but hope to launch it by March 2025: Vibhu Agarwal
Ullu’s IPO delayed, but hope to launch it by March 2025: Vibhu Agarwal
India’s homegrown OTT platform Ullu is gearing up for its much-anticipated Initial Public Offering (IPO) in March 2025 overcoming a series of hiccups, says Founder and CEO Vibhu Agarwal.
Agarwal acknowledged the delays, attributing them to complexities typical of high-profile ventures. “The IPO , initially planned for earlier, is now expected to hit the market by March 2025. We had everything streamlined, our books were clean, and we were profitable, yet obstacles arose. Things have been sorted now. I believe challenges are a sign of something significant—great things take time." Mumbai-based Ullu Digital Limited had filed a draft red herring prospectus in February this year, signalling its intent to go public and raise Rs 135-150 crore. This was considered as the biggest IPO for any MSME firm in terms of size.
