The Indian education firm, backed by James Murdoch and Uday Shankar, is in talks with investment banks and may soon appoint advisers for the listing.
Founded in 1988 in Rajasthan, Allen Career Institute is exploring a public offering to expand its presence and access capital markets.
The move reflects growing investor interest in India's education sector, with Allen aiming to leverage its established brand and recent high-profile backing.
Will an IPO force Allen to sacrifice its student-focused credibility for shareholder profits?
Beyond test scores, what is Allen's plan to prepare students for India's new AI-driven job market?
How will Allen use IPO funds to address the mental health crisis tied to its coaching culture?
As AI reshapes careers, can Allen's traditional coaching model still promise graduates a secure future?
Can Allen's offline 'Kota model' survive the challenge from cheaper, AI-powered online learning?