Written by Soumyarendra BarikNew Delhi | December 17, 2025 04:26 AM IST 2 min readSimultaneously, the government is also looking at giving Flipkart a clearance as per its Press Note 3, related to the e-tailer’s foreign investments.Walmart-owned e-commerce retailer Flipkart could head for its public listing in the Indian market by the end of 2026, and is expecting to receive a key clearance for investments it had received from foreign entities as soon as this week, The Indian Express has learnt.Last week, Flipkart received a clearance from the National Company Law Tribunal (NCLT) for shifting its domicile from Singapore to India, a key requirement for its restructuring process before the company can go public. The process involves NCLT seeking a view from various government agencies about the company’s various operations, before finally allowing it to flip to India. The Economic Times first reported that the company had received NCLT’s approval to shift its domicile to India.Simultaneously, the government is also looking at giving Flipkart a clearance as per its Press Note 3, related to the e-tailer’s foreign investments. The Press Note 3 requires that Indian companies receiving foreign investments from countries that share a land border with India, will need to first receive the government’s approval before accepting the investment. The regulation essentially targets Chinese investments in Indian companies. China’s Tencent has a close to 6 per cent stake in Flipkart, due to which it will need the government’s approval for its restricted entity, even though the investments happened before the Press Note 3 in 2020.“We understand that the Press Note 3 clearance should happen in the next 2-3 days, and once that is done, the company will work on its IPO prospectus. While the board is yet to take a definite call on when to go public, it is expected the IPO could happen towards the end of 2026,” a person aware of Flipkart’s restructuring process said, requesting anonymity.Queries sent to Flipkart remained unanswered until publication. Once the company’s restructuring process is complete, multiple Singapore-based entities linked to Flipkart, will flip to India and Bengaluru-based Flipkart Internet Pvt Ltd will become the main entity under which all its operations and other subsidiaries, such as Myntra, will operate.Soumyarendra Barik is a Special Correspondent with The Indian Express, specializing in the complex and evolving intersection of technology, policy, and society. With over five years of newsroom experience, he is a key voice in documenting how digital transformations impact the daily lives of Indian citizens. Expertise & Focus Areas Barik’s reporting delves into the regulatory and human aspects of the tech world. His core areas of focus include: The Gig Economy: He extensively covers the rights and working conditions of gig workers in India. Tech Policy & Regulation: Analysis of policy interventions that impact Big Tech companies and the broader digital ecosystem. Digital Rights: Reporting on data privacy, internet freedom, and India's prevalent digital divide. Authoritativeness & On-Ground Reporting: Barik is known for his immersive and data-driven approach to journalism. A notable example of his commitment to authentic storytelling involves him tailing a food delivery worker for over 12 hours. This investigative piece quantified the meager earnings and physical toll involved in the profession, providing a verified, ground-level perspective often missing in tech reporting. Personal Interests Outside of the newsroom, Soumyarendra is a self-confessed nerd about horology (watches), follows Formula 1 racing closely, and is an avid football fan. Find all stories by Soumyarendra Barik here. ... Read More © The Indian Express Pvt LtdTags:FlipkartWalmart