- Q1. What is the business of PhonePe?
It is India’s leading digital payments and financial services platform powering UPI transactions, merchant payments, recharges and a suite of fintech products like lending, insurance and investments, serving hundreds of millions of users nationwide. - Q2. Why is the company raising funds via IPO?
Phonepe is raising funds to fuel deeper expansion across financial services, enhance technology infrastructure, accelerate product innovation - Q3. What is the size of the issue and where will it list?
The issue size of Phonepe IPO is around ₹10,000–₹12,000 crore, with shares proposed to be listed on the NSE and BSE once SEBI clears the final prospectus. - Q4. What are the risks to an investor?
Potential volatility if pricing is aggressive, regulatory shifts in UPI/fintech rules, competitive pressure - Q5. What are the potential upsides?
Potential upsides to invest in the IPO include dominant UPI market leadership, huge user base scale, diversified revenue streams beyond payments, strong backing by global investors, and potential long-term growth in India’s accelerating digital finance adoption. - Q6. How to apply for the IPO?
You can apply via ASBA through their bank’s net banking or UPI apps (such as PhonePe), or via brokerage platforms.
Upcoming
0
IPO Score
0
*Score varies on actual price
PhonePe is a leading Indian digital payments and financial services platform that enables mobile-first transactions, including peer-to-peer payments, merchant payments, recharges, bill payments, and a suite of financial products. It operates primarily via the Unified Payments Interface (UPI), facilitating seamless digital financial transactions across India’s retail and services ecosystem. The company has filed its DRHP with SEBI were completed via the confidential route in 2025, and the public issue is widely anticipated in 2026.
PhonePe was incorporated in the year 2015.Mr. Sameer Nigam serves as Chief Executive Officer(CEO) of the company.
It provides UPI-based digital payments, in-app financial services (lending, insurance, mutual funds), QR-based merchant payments, digital recharges/bill payments, and expanded digital ecosystems such as app marketplaces and stockbroking services.As of early 2025 PhonePe has over 600 million registered users and a merchant acceptance network of more than 40 million outlets across India. It holds approximately 47% of UPI transaction volume, making it the single largest UPI player in India.
Subscription date to apply for PhonePe is not yet announced. Price band for the IPO is yet to be declared after public issue.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
₹ 11710 Cr
|
|
Revenue
|
₹ 7239.4 Cr
|
|
EBITDA
|
₹ -357 Cr
|
|
PAT
|
₹ -1727 Cr
|
|
EBITDA Margin
|
~ -5.02%
|
|
PAT Margin
|
~ -24.27%
|
|
Face Value
|
TBA
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 3,085
|
₹ 5,725
|
₹ 7,115
|
|
PAT (₹ Cr)
|
₹ -2,795
|
₹ -1,996
|
₹ -1,727
|
|
Asset (₹ Cr)
|
₹ 12,597
|
₹ 14,338
|
₹ 19,936
|
|
Net Worth (₹ Cr)
|
₹ 7,518
|
₹ 9,455
|
₹ 11,710
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17 July
|
₹ –
|
₹ –
|
₹ –
|
|
16-July
|
₹ –
|
₹ –
|
₹ –
|
|
15-July
|
₹ –
|
₹ –
|
₹ –
|
|
14-July
|
₹ –
|
₹ –
|
₹ –
|
|
13-July
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Walmart Inc.
|
~70-80%
|
|
General Atlantic
|
~5%
|
|
Tiger Global
|
~3%
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
00
|
|---|---|
|
ROCE
|
00
|
|
RoNW
|
00
|
JOIN OUR SOCIAL-MEDIA PLATFORMS TO STAY UPDATED
