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Spinny has pre-filed IPO papers to raise ₹2,500 Cr to ₹3,000 Cr via fresh shares and an offer for sale, targeting a 2027 listing. The Gurugram used-car platform posted ₹4,656 Cr revenue in FY25 but a ₹423.8 Cr loss, as Cars24 and CarDekho also eye public debuts.
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