Naukri IPO In Three Months; Enters Quiet Period

Zee News: This will be India’s first pure play Internet IPO. Naukri.com owner Info Edge is advancing its IPO plans. The report quotes Info Edge India’s Chief Operating Officer and Director Hitesh Oberoi as saying that the IPO is expected in two or three months. “We are close to filing for an IPO. We will be coming out with an offer in next two to three months,” Oberoi said. The company has entered the quiet period, a precursor to IPO. Besides running India’s arguably largest jobs portal, it also owns Jeevansathi.Com and real estate website 99acres.Com.

The other leading Indian internet companies planning an IPO are Indiatimes and MakeMyTrip.com.

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