Delimobil, one of the leading car-sharing services in Russia, is planning to go public this fall, raising around $350 million from investors.

According to Reuters, the service will place its shares on the New York Stock Exchange, with Bank of America and Citi chosen as placement agents. Two more interlocutors of the agency clarified that among other banks UBS, Sberbank CIB, VTB Capital and Renaissance Capital might take part as well.

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Delimobil

Delimobil, which owns more than 16 thousand cars in Russia, first announced plans for an IPO in 2019. The company was expected to place no more than 40% of its shares by 2021. It was planned to use the raised funds to expand its presence in the regions and CIS countries.

Original (in Russian)