PhonePe IPO: Digital payment platform PhonePe has received approval from the Securities Exchange Market of India (SEBI) to launch an IPO. Now the company will soon file papers related to its IPO (UDHRP). Sources gave this information. This will prepare the platform for India’s most awaited fintech company to launch an IPO in the near future. According to the information, this will be the second largest IPO in the country by any fintech company. PhonePe can raise around Rs 12,000 crore from this IPO. Let us tell you that in the year 2021, Paytm had raised Rs 18,000 crore from IPO.
Most UPI transactions are done through PhonePe.
The IPO of PhonePe, a fintech company invested by American giant Walmart, will be completely based on OFS, there will be no fresh shares. Only the promoters of PhonePe will sell their shares in this IPO. That is, the company will not raise any additional primary capital through IPO. PhonePe is the largest company in the country in terms of UPI transactions in India. PhonePe is leading India’s digital payments market with more than 45 percent market share. According to NPCI data, the company made 9.8 billion transactions in December 2025. An average of 10 billion transactions are done every month through PhonePe, through which transactions worth about Rs 12 lakh crore are made.
PhonePe had earned revenue of Rs 7115 crore in the financial year 2024-25.
The company had earned a revenue of Rs 7115 crore in the financial year 2024-25. The listing of PhonePe in the domestic stock market will set an important example for India’s digital payment sector and will pave the way for other fintech companies to enter the public market. Despite considerable diversification in the business, digital payments have been the driving force behind PhonePe’s growth and more than 90 percent of its total revenue comes from digital payments.
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