{"id":260471,"date":"2026-09-22T09:53:46","date_gmt":"2026-09-22T04:23:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=260471"},"modified":"2026-09-22T09:53:46","modified_gmt":"2026-09-22T04:23:46","slug":"spinny-ipo-confidential-filing-3000-crore-used-car-marketplace","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/","title":{"rendered":"Sachin Tendulkar-Backed Spinny Files Confidential Papers for a Rs 3,000 Crore IPO"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Spinny, the Sachin Tendulkar-backed used car marketplace, files confidential papers for an IPO of up to Rs 3,000 crore, comprising a fresh issue and an offer for sale, with the listing timeline yet to be finalised.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Spinny IPO has moved a step closer after the used-car marketplace filed confidential papers for a public issue of up to Rs 3,000 crore. Spinny is looking to raise capital through a combination of a fresh issue and an offer for sale, though the listing timeline is yet to be determined. Founded in 2015 and backed by cricket legend Sachin Tendulkar as a strategic investor and brand ambassador, Spinny has grown into one of India&#8217;s leading full-stack used car platforms.<\/p>\n<\/p><\/div>\n<p>The Spinny IPO has taken a step forward with the company filing confidential papers for a public issue of up to Rs 3,000 crore. The Spinny IPO is expected to comprise a mix of a fresh issue of shares and an offer for sale by existing investors, though the exact listing timeline has not yet been determined.<\/p>\n<p>Spinny, founded in 2015 by Niraj Singh along with co-founders Mohit Gupta and Ramanshu Mahaur, has grown into one of India&#8217;s largest full-stack used car marketplaces, offering end-to-end services spanning vehicle sourcing, inspection, refurbishment, financing, and after-sales support.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=spinny-ipo-confidential-filing\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#What_Does_Spinnys_Confidential_IPO_Filing_Mean\" title=\"What Does Spinny&#8217;s Confidential IPO Filing Mean?\">What Does Spinny&#8217;s Confidential IPO Filing Mean?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#1_IPO_Structure_and_Size\" title=\"1. IPO Structure and Size\">1. IPO Structure and Size<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#2_Sachin_Tendulkars_Association_With_Spinny\" title=\"2. Sachin Tendulkar&#8217;s Association With Spinny\">2. Sachin Tendulkar&#8217;s Association With Spinny<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#3_Spinnys_Business_Model\" title=\"3. Spinny&#8217;s Business Model\">3. Spinny&#8217;s Business Model<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#How_Big_Is_the_Used_Car_Market_Spinny_Operates_In\" title=\"How Big Is the Used Car Market Spinny Operates In?\">How Big Is the Used Car Market Spinny Operates In?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#Competitive_Landscape\" title=\"Competitive Landscape\">Competitive Landscape<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#What_Comes_Next_in_the_IPO_Process\" title=\"What Comes Next in the IPO Process\">What Comes Next in the IPO Process<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#Should_Investors_Track_the_Spinny_IPO\" title=\"Should Investors Track the Spinny IPO?\">Should Investors Track the Spinny IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#Key_Takeaways_on_the_Spinny_IPO\" title=\"Key Takeaways on the Spinny IPO\">Key Takeaways on the Spinny IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#FAQs_on_Spinny_Ipo\" title=\"FAQs on Spinny Ipo\">FAQs on Spinny Ipo<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#What_is_the_size_of_the_Spinny_IPO\" title=\"What is the size of the Spinny IPO?\">What is the size of the Spinny IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#When_will_the_Spinny_IPO_open_for_subscription\" title=\"When will the Spinny IPO open for subscription?\">When will the Spinny IPO open for subscription?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#Who_are_Spinnys_founders\" title=\"Who are Spinny&#8217;s founders?\">Who are Spinny&#8217;s founders?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#What_is_Sachin_Tendulkars_role_in_Spinny\" title=\"What is Sachin Tendulkar&#8217;s role in Spinny?\">What is Sachin Tendulkar&#8217;s role in Spinny?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#What_business_does_Spinny_operate\" title=\"What business does Spinny operate?\">What business does Spinny operate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#What_does_a_confidential_IPO_filing_mean\" title=\"What does a confidential IPO filing mean?\">What does a confidential IPO filing mean?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace\/#Is_Spinny_profitable_ahead_of_its_IPO\" title=\"Is Spinny profitable ahead of its IPO?\">Is Spinny profitable ahead of its IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_Spinnys_Confidential_IPO_Filing_Mean\"><\/span><strong>What Does Spinny&#8217;s Confidential IPO Filing Mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Spinny&#8217;s confidential IPO filing means the company has submitted preliminary paperwork for regulatory review without yet making all details public, a route increasingly used by well-capitalised startups to test market appetite while retaining flexibility over final issue size and timing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_IPO_Structure_and_Size\"><\/span><strong>1. IPO Structure and Size<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Spinny IPO is targeting up to Rs 3,000 crore through a combination of a fresh issue, which brings new capital onto the company&#8217;s balance sheet, and an offer for sale, where existing shareholders sell part of their stake. The exact split between the two components has not been disclosed at this confidential filing stage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Sachin_Tendulkars_Association_With_Spinny\"><\/span><strong>2. Sachin Tendulkar&#8217;s Association With Spinny<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cricket legend Sachin Tendulkar joined Spinny in December 2021 as a strategic investor and lead brand endorser, a partnership that has become closely associated with the platform&#8217;s consumer-facing marketing and continues to be highlighted whenever the company makes major announcements, including this IPO filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Spinnys_Business_Model\"><\/span><strong>3. Spinny&#8217;s Business Model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Spinny operates a full-stack, online-to-offline used car marketplace with car hubs across multiple Indian cities, conducting detailed vehicle inspections, offering money-back guarantees and after-sales warranties, and running its own in-house financing arm through a dedicated non-banking financial company subsidiary.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th>Detail<\/th>\n<th>Information<\/th>\n<\/tr>\n<tr>\n<td>IPO Size<\/td>\n<td>Up to Rs 3,000 crore<\/td>\n<\/tr>\n<tr>\n<td>Structure<\/td>\n<td>Fresh issue and offer for sale<\/td>\n<\/tr>\n<tr>\n<td>Founded<\/td>\n<td>2015, by Niraj Singh, Mohit Gupta, Ramanshu Mahaur<\/td>\n<\/tr>\n<tr>\n<td>Key Investor<\/td>\n<td>Sachin Tendulkar (strategic investor, brand ambassador)<\/td>\n<\/tr>\n<tr>\n<td>Listing Timeline<\/td>\n<td>Yet to be determined<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track upcoming IPOs including Spinny on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Big_Is_the_Used_Car_Market_Spinny_Operates_In\"><\/span><strong>How Big Is the Used Car Market Spinny Operates In?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The used car market Spinny operates in has been expanding steadily in India, with industry estimates pointing to continued double-digit growth as more buyers shift toward organised, technology-enabled platforms over traditional, unorganised dealers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Competitive_Landscape\"><\/span><strong>Competitive Landscape<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Spinny competes with other organised used-car platforms in India&#8217;s fast-growing pre-owned vehicle segment, where trust, inspection quality, and financing convenience have become key differentiators as the industry consolidates around a smaller set of well-funded, technology-driven players.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_Comes_Next_in_the_IPO_Process\"><\/span><strong>What Comes Next in the IPO Process<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Following the confidential filing, Spinny will typically work through regulatory review before filing a public draft prospectus with full financial and business disclosures, after which a price band, issue dates, and listing timeline would be announced.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track upcoming and recent IPO listings like Spinny.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Should_Investors_Track_the_Spinny_IPO\"><\/span><strong>Should Investors Track the Spinny IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors interested in India&#8217;s consumer internet and used-vehicle marketplace space should track the Spinny IPO closely, though a final view on subscribing will only be possible once the company discloses its detailed financials, valuation, and price band in a public prospectus.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_on_the_Spinny_IPO\"><\/span><strong>Key Takeaways on the Spinny IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Spinny IPO marks a significant step for one of India&#8217;s best-known used car marketplace brands. The Spinny IPO size of up to Rs 3,000 crore would rank among the larger consumer internet listings in India this year, and the Spinny IPO timeline will become clearer once the company files its public prospectus.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Spinny IPO filing for up to Rs 3,000 crore marks a notable step for the Sachin Tendulkar-backed used car marketplace as it moves toward a potential public listing. With the listing timeline still undetermined, investors should watch for the company&#8217;s public prospectus for full financial disclosures before forming a view. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Spinny_Ipo\"><\/span><strong>FAQs on Spinny Ipo<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_size_of_the_Spinny_IPO\"><\/span><strong>What is the size of the Spinny IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Spinny IPO is targeting a size of up to Rs 3,000 crore, comprising a combination of a fresh issue and an offer for sale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Spinny_IPO_open_for_subscription\"><\/span><strong>When will the Spinny IPO open for subscription?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The listing timeline for the Spinny IPO has not yet been determined, as the company has only filed confidential papers so far.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_Spinnys_founders\"><\/span><strong>Who are Spinny&#8217;s founders?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Spinny was founded in 2015 by Niraj Singh along with co-founders Mohit Gupta and Ramanshu Mahaur.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Sachin_Tendulkars_role_in_Spinny\"><\/span><strong>What is Sachin Tendulkar&#8217;s role in Spinny?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sachin Tendulkar joined Spinny in December 2021 as a strategic investor and lead brand endorser for the used car marketplace.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_does_Spinny_operate\"><\/span><strong>What business does Spinny operate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Spinny operates a full-stack, online-to-offline used car marketplace offering vehicle sourcing, inspection, refurbishment, financing, and after-sales services.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_a_confidential_IPO_filing_mean\"><\/span><strong>What does a confidential IPO filing mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A confidential IPO filing means the company has submitted preliminary paperwork for regulatory review without making all details public yet, a route often used to retain flexibility over final terms.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Spinny_profitable_ahead_of_its_IPO\"><\/span><strong>Is Spinny profitable ahead of its IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Public details on Spinny&#8217;s profitability have not been disclosed at the confidential filing stage; full financials will be available once the company files its public prospectus.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the size of the Spinny IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Spinny IPO is targeting a size of up to Rs 3,000 crore, comprising a combination of a fresh issue and an offer for sale.\"}},{\"@type\":\"Question\",\"name\":\"When will the Spinny IPO open for subscription?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The listing timeline for the Spinny IPO has not yet been determined, as the company has only filed confidential papers so far.\"}},{\"@type\":\"Question\",\"name\":\"Who are Spinny's founders?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Spinny was founded in 2015 by Niraj Singh along with co-founders Mohit Gupta and Ramanshu Mahaur.\"}},{\"@type\":\"Question\",\"name\":\"What is Sachin Tendulkar's role in Spinny?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sachin Tendulkar joined Spinny in December 2021 as a strategic investor and lead brand endorser for the used car marketplace.\"}},{\"@type\":\"Question\",\"name\":\"What business does Spinny operate?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Spinny operates a full-stack, online-to-offline used car marketplace offering vehicle sourcing, inspection, refurbishment, financing, and after-sales services.\"}},{\"@type\":\"Question\",\"name\":\"What does a confidential IPO filing mean?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A confidential IPO filing means the company has submitted preliminary paperwork for regulatory review without making all details public yet, a route often used to retain flexibility over final terms.\"}},{\"@type\":\"Question\",\"name\":\"Is Spinny profitable ahead of its IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Public details on Spinny's profitability have not been disclosed at the confidential filing stage; full financials will be available once the company files its public prospectus.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sachin Tendulkar-backed Spinny files confidential papers for an IPO of up to Rs 3,000 crore, with the listing timeline yet to be determined.<\/p>\n","protected":false},"author":29,"featured_media":260465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[6412,6413,6410,6411],"class_list":["post-260471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sachin-tendulkar-spinny-investor","tag-spinny-confidential-ipo-filing","tag-spinny-ipo","tag-spinny-used-car-marketplace"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["260465"],"rank_math_title":["Spinny IPO: Rs 3,000 Crore Confidential Filing Explained"],"rank_math_description":["Spinny IPO moves forward as the Sachin Tendulkar-backed used car marketplace files confidential papers for up to Rs 3,000 crore, with the listing timeline still undetermined."],"rank_math_focus_keyword":["Spinny IPO | Density Target: 1.5-2.6%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/spinny-ipo-confidential-filing-3000-crore-used-car-marketplace.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/260471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=260471"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/260471\/revisions"}],"predecessor-version":[{"id":260472,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/260471\/revisions\/260472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/260465"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=260471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=260471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=260471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}