India, July 7 -- Delhi NCR-based proptech startup Square Yards has set the ball rolling for its public listing. It plans to file its DRHP for INR 2,000 Cr ($233 Mn) IPO in the ongoing financial year between December 2025 and March 2026, sources told Inc42.

The startup is eyeing a unicorn valuation for its public issue, which will comprise a fresh issue of shares and OFS of equal sizes, the sources added.

The startup is currently finalising investment bankers for its IPO. It is yet to decide if it will file the draft papers via the confidential filing route or the regular route, the sources said.

A questionnaire sent to Square Yards on its IPO plans and its financials didn't elicit any response till the time of publishing this story.

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