Classic Legends Eyes IPO in 12–18 Months Amid Rising Market Optimism

By Binnypriya Singh , 17 August 2025
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Classic Legends, the motorcycle company behind iconic brands such as Jawa and Yezdi, is reportedly preparing to enter the capital markets with an initial public offering (IPO) within the next 12 to 18 months. Backed by Mahindra & Mahindra, the firm has been steadily expanding its portfolio and strengthening its retail footprint across India. Industry observers suggest that the planned listing could help unlock shareholder value, raise growth capital, and position Classic Legends as a formidable player in India’s premium motorcycle segment. The development comes at a time when the domestic automotive market is witnessing renewed demand momentum.

 

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Strategic Timing for Market Entry

Classic Legends’ potential move to go public aligns with a favorable market environment, where both consumer demand for two-wheelers and investor appetite for automotive stocks remain strong. Analysts point out that the timing—12 to 18 months from now—would allow the company to consolidate recent gains, improve profitability, and showcase sustainable growth before approaching investors. By capitalizing on its heritage brands and expanding product pipeline, the company is likely to attract both institutional and retail investors.

Heritage Brands with Modern Appeal

The revival of legacy brands such as Jawa and Yezdi has been central to Classic Legends’ strategy. These motorcycles resonate with nostalgia-driven buyers while appealing to younger consumers seeking a blend of retro design and modern engineering. Industry experts note that this dual positioning has given the company a unique edge in India’s competitive mid-segment motorcycle market, where demand for lifestyle bikes continues to grow.

Financial and Growth Outlook

An IPO could provide Classic Legends with significant capital to expand operations, strengthen dealer networks, and invest in product innovation, including potential forays into electric motorcycles. With Mahindra & Mahindra as a key stakeholder, the company benefits from established expertise in manufacturing, supply chain, and financial backing. If executed successfully, the listing may enhance Classic Legends’ visibility and valuation, while offering investors exposure to India’s expanding two-wheeler premium market.

Industry Context

India’s two-wheeler sector has been regaining momentum after pandemic-driven disruptions. Rising disposable incomes, growing urban demand, and increasing interest in lifestyle biking are reshaping the market. Competitors such as Royal Enfield, Honda, and Bajaj have already captured significant market share, but Classic Legends’ ability to blend heritage with innovation positions it as a challenger brand with strong growth prospects.

 

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Conclusion:

Classic Legends’ anticipated IPO in the next 12 to 18 months reflects a strategic effort to capitalize on favorable market conditions while leveraging its heritage-driven product line. The move could not only provide the company with fresh capital for expansion but also signal its intent to establish a stronger foothold in the premium motorcycle segment. For investors, the listing offers an opportunity to participate in the resurgence of iconic Indian motorcycling culture, now backed by modern business strategy and capital market ambitions.

 

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