The company is likely to file an updated draft red herring prospectus (UDRHP) within the next few days, the sources added
The Walmart-owned fintech giant filed its DRHP with SEBI through the confidential route in September 2025
In FY25, PhonePe’s operating revenue zoomed 40.5% to INR 7,114.8 Cr from INR 5,064.1 Cr in the previous year
Fintech giant PhonePe has received approval from market regulator Securities and Exchange Board of India (SEBI) for its much anticipated $1 Bn+ IPO, sources told Inc42.
The company…

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