The digital services and financial payments giant PhonePe is about to launch its IPO. The company is expecting to raise USD 1.5 billion at a valuation of 15 billion. The company is yet to file its DRHP with SEBI. However, FinnPick did not want you to keep guessing about all the latest PhonePe IPO news. So, we have curated a detailed list of everything in the news about the big PhonePe IPO buzz.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days
Launched in 2016, UPI has changed how Indians transact money. Today, from vegetable vendors to Michelin-star restaurants, everyone houses the QR-Scan, offering digital payments to their clients. In June 2025 alone, India recorded around 18.39 billion UPI transactions. With a daily volume of over 640 million, UPI beats even Visa.
A report by PhonePe about a study done in collaboration with the Boston Consulting Group (BCG) highlights that the Indian digital payments landscape is about to reach USD 10 trillion by 2026.
Enter PhonePe, Indian’s leading digital payment company.
Let’s decode their company profile before moving on to other PhonePe IPO details, price, size, etc.
Now, before getting into IPO specific information, like PhonePe IPO share price, size, date, etc. Let’s decode the previous funding rounds.
In total, PhonePe has had 18 funding rounds, valued at around USD 2.6 billion in total. The last round was in 2023. The table below shows the five latest funding round details.
Acquisitions are also a key marker of the competitive strength of a company in a growing market. PhonePe has acquired 6 organisations, in total. The table below shows the latest three.
Now, let’s explore the key financials.
The table below shows the consolidated fiscal data of PhonePe.
Now, let’s take a look at everything we know about the PhonePe IPO.
But before that, don’t forget to check out this list of top demat account providers.
PhonePe has not yet filed its DRHP. Therefore, we don’t yet know the PhonePe IPO date. However, there are some speculations around the PhonePe IPO price and size.
Reports suggest that the company is planning to raise USD 1.5 billion at a valuation of 15 billion. However, a detailed breakdown of PhonePe IPO size will need us to wait for the filing.
The PhonePe IPO GMP is unavailable at the moment. To stay updated with the latest GMP movement, as soon as it hits the grey market, click here. However, grey market movement is not enough to efficiently analyse the IPO; don’t forget to perform due diligence before investing.
Stay tuned with the live subscription status before hitting APPLY.
Is PhonePe listed on the stock market?
No, PhonePe is not yet listed on the stock market, but it is creating IPO buzz. The company is yet to file its DRHP. Click here to stay tuned with the live subscription status.
Can I apply for an IPO from PhonePe?
Yes, most probably you can apply for the PhonePe IPO. However, every IPO has certain guidelines regarding its offer structure. We can get to know about the PhonePe IPO structure once the DRHP is filed.
How to check IPO allotment in PhonePe?
You can check the allotment status using the website of the registrar. Stay tuned with FinnPick to get an update on the website link.
Do I need a Demat account for the PhonePe IPO?
A demat account is a must-have for any equity or equity-related asset. This includes IPOs as well. Therefore, the first step to invest in PhonePe would be to get a demat account from the top brokers in India.
What is the PhonePe IPO date?