PhonePe IPO
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PhonePe is a technology company building digital platforms for population-scale adoption, powering a broad ecosystem across Payments Services, Digital Distribution Services, and Financial Services. Through its platforms, PhonePe aims to unlock the flow of funds and enable access to goods and services for users across India.
Price Band
TBA
Issue Size
₹12,000 Cr
Issue Type
Mainboard
Face Value
₹1
Listing At
BSE, NSE
GMP Today
Not available
Est. Listing
TBA
Open Date
TBA
Listing Date
TBA
Lead Managers: Kotak Mahindra Capital Co.Ltd., JP Morgan India Pvt.Ltd., Citigroup Global Markets India Pvt.Ltd., Morgan Stanley India Co.Pvt.Ltd., Goldman Sachs (India) Securities Pvt.Ltd., Jefferies India Pvt.Ltd., JM Financial Ltd., Axis Capital Ltd.
PhonePe IPO Details
| Field | Value |
|---|---|
| Company | PhonePe IPO |
| IPO Name | PhonePe IPO |
| Fresh Issue | Nil |
| Offer for Sale | ₹12,000 Cr |
| Market Maker | ₹0 Cr |
| Total Issue Shares | 5,06,60,446 |
| Fresh Issue Shares | 0 |
| OFS Shares | 5,06,60,446 |
| Pre-Issue Promoter Holding | 73.33% |
| Post-Issue Promoter Holding | - |
PhonePe IPO Dates
IPO dates will be announced in the Red Herring Prospectus (RHP). Below is the expected schedule once declared.
| Field | Value |
|---|---|
| IPO Open Date | TBA |
| IPO Close Date | TBA |
| Allotment Date | TBA |
| Refund Date | TBA |
| Share Credit Date | TBA |
| Listing Date | TBA |
PhonePe IPO GMP Today
| Date | GMP (₹) | Gain (%) |
|---|---|---|
| 7 Jun 2026 | ₹0 | 0% |
GMP is unofficial grey market data. Expected listing price may differ from the actual listing price.
IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 75% | - |
| RETAIL | 10% | - |
| NII | 15% | - |
| EMPLOYEE | Not Applicable | 0 |
| SHAREHOLDER | Not Applicable | 0 |
Promoters
- •WM Digital Commerce Holdings Pte. Ltd.
- •Walmart International Holdings Inc.
- •Sameer Nigam
- •Rahul Chari
- •Burzin Engineer
Financial Performance (₹ Cr)
| Metric (₹ Cr) | 30 Sep 2025 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Assets | 23,178.95 | 18,205.23 | 12,706.48 | 11,840.28 |
| Revenue | 4,174.51 | 7,631.38 | 5,722.2 | 3,083.43 |
| Profit After Tax | -1,444.42 | -1,727.41 | -1,996.17 | -2,796.07 |
| Net Worth | 9,539.02 | 9,374.34 | 9,324.12 | 7,387.24 |
Key Financial Ratios
| Field | Value |
|---|---|
| ROE | -15.06% |
| ROCE | -25.07% |
| Debt / Equity | - |
| PAT Margin | -34.6% |
| EBITDA Margin | - |
| EPS (Pre-IPO) | - |
| EPS (Post-IPO) | - |
| P/E (Pre-IPO) | - |
| P/E (Post-IPO) | - |
Objects of the Issue
| # | Description | Amount (₹ Cr) |
|---|---|---|
| 1 | Offer for Sale | 12,000 |
IPO Documents
| Field | Value |
|---|---|
| DRHP | View DRHP |
| RHP | - |
| Anchor Investor List | - |
IPO Updates
SEBI/Exchange approval received
20 Jan 2026SEBI has approved the Initial Public Offer (IPO) of PhonePe Ltd. The approval is valid for 18 months.
Filed with SEBI/Exchange
23 Sept 2025PhonePe filed its Draft Red Herring Prospectus (DRHP) with SEBI.
Registrar Details
| Field | Value |
|---|---|
| Registrar | KFin Technologies Ltd |
| Phone | 04067162222, 04079611000 |
| phonepe.ipo@kfintech.com | |
| Website | https://ipostatus.kfintech.com |
Related Pages
How to Check PhonePe IPO Allotment Status
PhonePe IPO has not opened for subscription yet. Allotment dates will be announced in the RHP. Use the methods below once the IPO closes and results are out.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select PhonePe IPO
- View the allotment status for the saved PAN numbers
Fastest way to check multiple PANs at once. You can also use the IPOwiz Allotment Checker on the website.
Option 2: Via KFin Technologies Ltd Website
- Visit the KFin Technologies Ltd Allotment Page
- Select PhonePe IPO from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
KFin Technologies Ltd is the official registrar for this IPO. This is the most direct method to verify your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select PhonePe IPO from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from the share credit date onwards. If shares have been credited, your allotment was successful. Share credit is typically expected a day after allotment.
For the full allotment guide with registrar links and FAQs, see the PhonePe IPO allotment status page.
What Happens After Allotment?
Once the IPO closes and allotment is finalised, KFin Technologies Ltd will publish results on its official portal. Refunds for unsuccessful applications are typically initiated within a few working days.
For listing day updates, follow the IPOwiz Telegram Channel or download the IPOwiz App for alerts.
PhonePe IPO FAQs
What does PhonePe do?
PhonePe is a digital payments and financial technology company that offers UPI payments, merchant payment solutions, insurance, lending, wealth management, and digital commerce services through its technology platforms.
What is the PhonePe IPO?
PhonePe IPO is a mainboard IPO consisting entirely of an Offer for Sale (OFS) of 5,06,60,446 equity shares. The issue size is estimated at ₹12,000 crore, and the shares are proposed to be listed on BSE and NSE.
What is the issue size of PhonePe IPO?
The total issue size of PhonePe IPO is ₹12,000 crore. The IPO consists entirely of an Offer for Sale (OFS) with no fresh issue component.
Who are the promoters of PhonePe?
The promoters of PhonePe are WM Digital Commerce Holdings Pte. Ltd., Walmart International Holdings Inc., Sameer Nigam, Rahul Chari, and Burzin Engineer.
When will PhonePe IPO open for subscription?
The official IPO opening and closing dates have not been announced yet. Investors should wait for the Red Herring Prospectus (RHP) and exchange notifications for the final schedule.
What is the price band of PhonePe IPO?
The price band for PhonePe IPO has not been announced yet. The company is expected to disclose the final price band closer to the IPO opening date.
What is the Grey Market Premium (GMP) of PhonePe IPO today?
As of June 7, 2026, the Grey Market Premium (GMP) of PhonePe IPO is not available. GMP may emerge closer to the IPO opening date.
Is PhonePe profitable?
PhonePe is currently loss-making. The company reported a loss after tax of ₹1,727.41 crore in FY 2025 compared to a loss of ₹1,996.17 crore in FY 2024, showing improvement in profitability.
What was PhonePe's revenue in FY 2025?
PhonePe reported revenue of ₹7,631.38 crore in FY 2025, compared to ₹5,722.20 crore in FY 2024.
Where will PhonePe IPO be listed?
PhonePe IPO is proposed to be listed on both BSE and NSE.
Reviewed by Falguni Sharma
Falguni Sharma is an IPO research analyst at IPOwiz with 10+ years of experience covering Indian capital markets, mainboard and SME public issues, grey market premium trends, and SEBI filing updates. Issue size, reservation split, financials, and key dates on this page are cross-checked against DRHP/RHP documents and exchange disclosures before publish.