PhonePe IPO is set to launch soon! Yes, you heard that right!
PhonePe, India’s leading digital payments platform, is gearing up for its much-anticipated IPO. With over 500 million registered users and a dominant market share in UPI transactions, PhonePe has transformed the way India transacts. As digital payments continue to surge, investors are hopefully watching this IPO for potential opportunities.
The PhonePe IPO is expected to be one of the biggest in India’s fintech space, highlighting the company’s strong revenue growth, expanding merchant network, and leadership in digital payments.
With India’s fintech sector projected to grow at a rapid pace, PhonePe’s IPO could offer investors a chance to tap into this booming industry. In this blog, we’ll break down everything you need to know about PhonePe’s financials, business model, and what to expect from its IPO.
PhonePe IPO Analysis & Key Details: Quick Insight
When will the PhonePe IPO Open?
Well, the details for its launch are much awaited. However, in the meantime, a look can be taken at the company’s overalls.
Check out this table showcasing the prime details of the IPO launch:
| Details | Information |
| PhonePe IPO Opening Date | To be announced |
| Allotment Finalization | To be announced |
| Listing Platforms | BSE, NSE |
| Retail Trading Platforms | To be announced |
| Price Band | To be announced |
| Company | PhonePe Private Limited. |
| Minimum Investment | To be announced |
Note: Potential investors are advised to monitor official announcements and consult with financial advisors for the most current information.
PhonePe IPO Day-wise GMP Trend
As of 6 March, 2025, no data regarding the PhonePe IPO Day-wise GMP Trend is here. However, the details are expected to come out soon.
PhonePe: Everything You Need to Know About the Company
PhonePe, a Bengaluru-based fintech company, was founded in 2016 and has grown into one of India’s largest digital payments and financial services platforms. It was the first non-bank fintech to introduce UPI payments, revolutionizing how Indians transact digitally.
With a strong focus on infrastructure, PhonePe has invested ₹2,800 crore in data centers and servers, contributing to India’s digital economy. The company has also created over 22,000 jobs, including 1,500+ engineering roles.
Today, it facilitates transactions for over 4 crore online and offline merchants and has expanded beyond India, supporting UPI payments in six countries—Singapore, UAE, Nepal, Sri Lanka, Bhutan, and Mauritius.
Apart from payments, PhonePe has diversified into insurance, credit, and wealth management. It has also introduced Pincode, a hyperlocal e-commerce platform, and Indus Appstore, an Indian alternative to Google Play Store, aiming to boost domestic app distribution.
Company Overview
| Attribute | Description |
| Market Valuation | $15 billion valuation |
| Year of Establishment | 2015 |
| Owner | – Walmart (Majority Stakeholder) – Sameer Nigam (Co-founder & CEO) – Rahul Chari (Co-founder & CTO) |
| Number of Cities Operating In | 700+ cities across India |
FAQs
Is PhonePe going for IPO?
Yes, PhonePe is planning to go for an Initial Public Offering (IPO) in 2025. The company aims to raise capital to expand its financial services, strengthen market presence, and enhance its digital payments ecosystem. However, the exact timeline and IPO details are yet to be officially announced.
Can I apply for IPO through PhonePe?
Currently, PhonePe does not offer a direct IPO application facility. However, investors can apply for IPOs using their demat accounts through stock broking platform. As PhonePe expands its financial services, it may introduce this feature in the future.
Can I invest in PhonePe?
At present, retail investors cannot directly invest in PhonePe as it is an unlisted company. However, after the IPO, individuals can buy shares through the stock market. Alternatively, some pre-IPO investment firms offer access to unlisted shares, but these come with higher risks and lower liquidity.
What is the GREY market premium?
The Grey Market Premium (GMP) represents the unofficial trading price of an IPO before its listing on the stock exchange. As of now, PhonePe’s GMP details are unavailable since the IPO has not been officially announced. Once the IPO nears its launch, the GMP will indicate investor sentiment toward the listing.
Who Owns PhonePe?
PhonePe is majority-owned by Walmart, which holds an 83.91% stake through its subsidiary FIT Holdings S.A.R.L.. Other key shareholders include:
- Headstand Pte. Ltd. – 6.7% stake
- General Atlantic – 5.14% stake
- Others – 4.25% stake
Walmart acquired PhonePe as part of its Flipkart acquisition in 2018 and later separated it from Flipkart in 2022, allowing PhonePe to operate as an independent entity while still being under Walmart’s ownership.
