Upcoming
Mainboard IPO
PHONEPE
PhonePe
Incorporated in 2015, PhonePe is a leading digital payments and financial services company owned by Walmart. It enables users to perform various financial transactions, including sending and receiving money, recharging mobile phones and DTH services, making utility payments, and conducting in-store transactions. It was India’s first Unified Payments Interface (UPI)-based payments app launched by a non-bank fintech company.
IPO Details
Complete IPO information
| Current GMP | ₹0 |
|---|---|
| Estimated Listing Gain | TBA |
| Price Band | TBA |
| Issue Price | TBA |
| Listing Price | TBA |
| Lot Size | TBA |
| Issue Type | Mainboard |
| Issue Size | TBA |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | TBA |
| Minimum Investment | TBA |
Timeline
IPO roadmap at a glance
01
Bidding Opens
TBA
02
Bidding Closes
TBA
03
Allotment
TBA
04
Listing
TBA
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | - | - |
| Retail Maximum | - | - | - |
| S-HNI Minimum | - | - | - |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | - | - | - |
Issue Notes
Important takeaways before applying
Strengths
- Leading digital payments platform with a large and active user base
- Strong brand recall supported by the PhonePe app ecosystem
- Diversified offerings across UPI, wallets, insurance, wealth, and merchant services
- Deep integration with merchants and financial institutions across India
- Backed by experienced promoters and strong technology capabilities
Risks
- Continued losses and negative cash flows may persist in the near term
- Highly competitive fintech and digital payments market
- Heavy dependence on UPI transaction volumes and regulatory framework
- Data security and technology failures could impact trust and operations
- Regulatory changes may affect business model and monetization