PhonePe IPO logo

PhonePe IPO

ExpectedBSENSE|Mainboard|Issue: 12,000 Cr

Last Updated:

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

FieldValue
CompanyPhonePe IPO
IPO NamePhonePe IPO
Fresh IssueNil
Offer for Sale₹12,000 Cr
Market Maker₹0 Cr
Total Issue Shares5,06,60,446
Fresh Issue Shares0
OFS Shares5,06,60,446
Pre-Issue Promoter Holding73.33%
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.

FieldValue
IPO Open DateTBA
IPO Close DateTBA
Allotment DateTBA
Refund DateTBA
Share Credit DateTBA
Listing DateTBA

PhonePe IPO GMP Today

DateGMP (₹)Gain (%)
7 Jun 2026₹00%

GMP is unofficial grey market data. Expected listing price may differ from the actual listing price.

IPO Reservation

CategoryReservationShares Offered
QIB75%-
RETAIL10%-
NII15%-
EMPLOYEENot Applicable0
SHAREHOLDERNot Applicable0

Promoters

  • WM Digital Commerce Holdings Pte. Ltd.
  • Walmart International Holdings Inc.
  • Sameer Nigam
  • Rahul Chari
  • Burzin Engineer

Financial Performance (₹ Cr)

Metric (₹ Cr)30 Sep 2025FY 2025FY 2024FY 2023
Assets23,178.9518,205.2312,706.4811,840.28
Revenue4,174.517,631.385,722.23,083.43
Profit After Tax-1,444.42-1,727.41-1,996.17-2,796.07
Net Worth9,539.029,374.349,324.127,387.24

Key Financial Ratios

FieldValue
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

#DescriptionAmount (₹ Cr)
1Offer for Sale12,000

IPO Documents

FieldValue
DRHPView DRHP
RHP-
Anchor Investor List-

IPO Updates

SEBI/Exchange approval received

20 Jan 2026

SEBI has approved the Initial Public Offer (IPO) of PhonePe Ltd. The approval is valid for 18 months.

Filed with SEBI/Exchange

23 Sept 2025

PhonePe filed its Draft Red Herring Prospectus (DRHP) with SEBI.

Registrar Details

FieldValue
RegistrarKFin Technologies Ltd
Phone04067162222, 04079611000
Emailphonepe.ipo@kfintech.com
Websitehttps://ipostatus.kfintech.com

PhonePe IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

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

  1. Download the IPOwiz App from the Play Store
  2. Add the PAN numbers you want to check in the PAN section
  3. Go to the Allotted section and select PhonePe IPO
  4. 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

  1. Visit the KFin Technologies Ltd Allotment Page
  2. Select PhonePe IPO from the drop-down menu
  3. Enter your PAN number, application number, or demat account details
  4. 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

  1. Go to the BSE IPO allotment page
  2. Select PhonePe IPO from the list
  3. Enter your PAN number, application number, or demat account details
  4. 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.

Sources

We match PhonePe IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LtdOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Falguni Sharma · IPO Research Analyst

10+ years covering Indian IPOs. She checks issue size, dates, and financials against the DRHP/RHP before pages go live.

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