Homeshop18 first e-commerce company to list on NYSE

The company has filed for a $75 million dollar (460 cr) IPO

Homeshop18 became the first Indian e-commerce/on air-retail company to list on NYSE in US.

The company has filed for a $75 million dollar (460 crore) IPO.

It is the second e-commerce company to go overseas after online fashion retailer koovs.com went for public listing in AIM-sub market of the London Stock Exchange. The company has denied to comment on the matter.

Homeshop18 stocks over 100 Indian and international brands and delivers at over 3000 locations in the country.

The company is a venture of Network 18 group and stated its operations in 2008 with its dedicated television channel.