Value 360 Communications files for ₹240 cr IPO

Value 360 Communications Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), according to regulatory filings. The move positions the company to become the first Indian-origin public relations and digital-first communications agency to go public, media reports noted.

The proposed Initial Public Offering (IPO) includes a fresh issue of equity shares worth Rs 240 crore, along with an Offer for Sale (OFS) of up to 1.59 crore shares by existing shareholders, including company promoters. Axis Capital, JM Financial and IIFL Securities have been appointed as the book-running lead managers for the issue.

Founded in 2003 by Kunal Kishore, Manish Tewari and Umesh Kumar, the agency has expanded from a traditional PR consultancy into an integrated communications firm, offering services such as media relations, influencer marketing, digital campaigns, reputation management and public affairs advisory.

According to the DRHP, the net proceeds from the fresh issue are reportedly intended for working capital, investment in technology infrastructure and potential strategic acquisitions. Funds may also be allocated for general corporate purposes.

The company reportedly claims to have served over 500 brands across sectors like technology, consumer goods, healthcare, fintech and education, with a focus on digital-first and high-growth categories. As reported, its digital offerings include AI-based dashboards, influencer tracking systems, and content formats that focus on measurable impact.