PhonePe Gets SEBI Nod For IPO

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SUMMARY

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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PhonePe Gets SEBI Nod For IPO


SUMMARY

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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