Delhi NCR-based proptech startup Square Yards plans to file its DRHP for INR 2,000 Cr IPO between December 2025 and March 2026.
Square Yards is aiming for a unicorn valuation with a public issue comprising a fresh share issue and offer for sale of equal sizes.
The startup is finalizing investment bankers for the IPO and considering options of confidential filing or regular route.
Post IPO, Square Yards is expected to have founders holding more than 50% stake, with operations across real estate lifecycle and significant revenue from overseas markets.