<ul><li>Simple Energy plans to launch an IPO in Q2-Q3 of FY27, aiming to raise ₹3,000 crore.</li><li>The company targets revenue of $96 million for FY26 and aims for cumulative revenue of $180 million over the next 18 months.</li><li>It aims to achieve EBITDA and net profitability before the IPO, with a focus on reaching 1 lakh cumulative sales and 5% market share by FY27.</li><li>Simple Energy is backed by investors like Balamurugan Arumugam, Vipul Khanna, and family offices, and is focused on sustainable mobility solutions aligning with India's clean energy vision.</li></ul>

Simple Energy IPO: ₹2,922 Cr by FY27, Targets Profit & Market Share

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