PhonePe in preparation to become ‘Super App’! 5 big things related to the upcoming IPO in April
India’s leading digital payments company PhonePe is ready to take its business to a new level. The company has announced that it is planning to launch its IPO in April 2026. Through this IPO, the company aims not only to make its place in the stock market but also to further strengthen its hold on India’s rapidly growing digital market.
Key points about IPO
According to PTI report, this IPO will be completely ‘Offer for Sale’ (OFS). This means that no new shares will be issued, rather old investors (like Walmart, Microsoft and Tiger Global) will sell their 5.06 crore shares. SEBI has given its approval for this public offering in January 2026 itself.
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5 big growth plans of PhonePe
– PhonePe believes that the digital payment market in India will grow further. This market was worth ₹301 lakh crore in 2025, which can reach ₹681 lakh crore by 2030. The company wants to remain the biggest player in this growing market.
In India, 20-30 crore people still use keypad phones. PhonePe has recently acquired GSPay technology to enable UPI payments even on keypad phones without internet.
– The penetration of digital payments among merchants in India is currently only 45%, while in China it is 93%. PhonePe currently has 1.11 crore monthly active merchants, while there are over 5.6 crore small merchants in India. The company is planning to fill this big gap.
The company does not want to be limited to just UPI. Now his focus is also on these areas:
- Now you will also be able to avail loan facility through UPI.
- Payment solution for transport modes like train and metro.
- Payment through smart devices installed in homes and vehicles.
– PhonePe is now moving towards becoming a ‘super app’. The company has launched platforms like Share.Market and Indus Appstore (India’s own app store). Apart from this, the company is also expanding rapidly in insurance and loan distribution.
Great financial performance of PhonePe
The company’s performance in FY 2025 was quite strong:
– Revenue: Reached ₹7,115 crore with a growth of 40%.
– Profit (PAT): The company’s profit increased three times to ₹630 crore.
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