PhonePe IPO: PhonePe has temporarily put its listing plans on hold due to ongoing geopolitical conflicts in the Middle East and heightened volatility in global markets, according to a PTI report. The company said it will resume the process once stability returns to the capital markets. “We sincerely hope for a swift return to peace…
PhonePe IPO : Big news has come regarding PhonePe IPO. The digital payments giant has postponed its public market listing process for some time in view of market volatility. The company says that it will restart the process once there is some stability in the global equity markets. Source
Upcoming IPO: PhonePe IPO, which is said to be one of the most awaited IPOs of 2026, will be hitting the primary market this year, however, the final date and size of issue has not been announced by the company yet. It is to be noted that the company has received markets regulator Securities and…
Walmart-backed Indian fintech firm PhonePe is planning to list at a valuation of $9 billion to $10.5 billion, Reuters reported, citing two people with direct knowledge of the matter. This indicates the IPO will generate approximately $900 million to $1.05 billion. However, even at the higher estimate, the deal reflects a lower valuation compared to…
Digital payments major PhonePe has filed its draft red herring prospectus (DRHP) to raise capital from the primary markets. While the PhonePe IPO timeline, issue size and other key details are yet to be disclosed, market participants have begun drawing comparisons with its listed peer Paytm, which debuted on the bourses in November 2021. According…
Shares of One 97 Communications Ltd, parent of fintech firm Paytm, have been in focus amid news flow around the potential valuation of PhonePe’s upcoming public issue. The interest is understandable: Paytm is the closest listed comparable peer to PhonePe. Both fintech firms began by facilitating consumer and merchant payments through UPI before expanding into…
Global broking firm Macquarie has raised key concerns about ESOP costs and revenue concentration for PhonePe ahead of its IPO. In its recent report, Macquarie highlighted that PhonePe’s high Employee Stock Ownership Plan (ESOP) expenses are a significant drag on its EBITDA margins. ESOP costs accounted for 46% of PhonePe’s revenue during the first half…
The upcoming IPO of PhonePe, with a valuation estimated between $13 and $15 billion, is emerging as a pivotal event in India’s fintech landscape, likely to create significant impacts throughout the sector—particularly for competitor Paytm, according to global brokerage Macquarie Equity Research. In a recent report from Macquarie, it was suggested that PhonePe’s public offering…
India-US trade deal has returned confidence in the market. Two IPOs are coming on 9th February and many big companies are standing in line… highlights After record IPO in 2025, the IPO market remained sluggish in January due to global tension and trade war. Now the India-America trade deal has returned confidence in the market….
As PhonePe prepares for its proposed initial public offering (IPO) in April 2026, its Draft Red Herring Prospectus (DRHP) offers a detailed look into how scale is translating into revenue across payments and financial services, even as monetization in the UPI ecosystem remains structurally low. According to the company’s DRHP, PhonePe reported operational revenue of…
