Notably, Foxhog is already a public company in India, having become a public company in May 2025. Following the transition, the company announced plans to prepare a Draft Red Herring Prospectus (DRHP) for submission to the Securities and Exchange Board of India (SEBI). Foxhog had indicated an IPO fundraising target of around Rs 350 crore, subject to regulatory approvals and the applicable IPO process.
