PhonePe IPO Date, Price, GMP, Review, Analysis & Details
PhonePe has filed its draft red herring prospectus (DRHP) confidentially with the Securities and Exchange Board of India (SEBI), a key regulatory step toward going public. The filing indicates the company may look to raise around ₹12,000 crore (about $1.3 billion) through an Offer For Sale (OFS)—meaning existing shareholders like Walmart, Microsoft and Tiger Global could sell part of their stakes to the public rather than the company issuing fresh shares.