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PhonePe

PhonePe

Finance - Others
upcoming
TBAMin. investment

PhonePe IPO Details

SectorFinance - Others
IPO type
Regular

PhonePe Timeline

  1. Pre-apply
    To be announced
  2. Bid start
    To be announced
  3. Bid end
    To be announced
  4. Allotment
    To be announced
  5. Release of funds
    To be announced
  6. Demat transfer
    To be announced
  7. Listing
    To be announced

About PhonePe

PhonePe, founded in 2015, is a leading fintech firm offering UPI transactions, utility bill payments, and mobile recharges via its app. Acquired by Flipkart in 2016 and later by Walmart, the company is backed by investors like Walmart, Tencent, and Tiger Global. PhonePe has expanded into insurance, financial products, and hyperlocal e-commerce through its Pincode app. As of January 2025, it has over 59 crore users and holds 47.6% of India's UPI market. FY24 revenue grew 74% YoY to ₹5,064 crore, with a reduced net loss of ₹1,996 crore.

Phonepe IPO Analysis

IPO REVIEW

PhonePe | Analysis Video

Should you apply?

Watch our analysts break down the Phonepe IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

PhonePe Contact Details

Company NamePhonePe

How to apply for PhonePe?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Phonepe IPO FAQs

Investors can apply for the PhonePe through their Demat account via the stock exchange or through their broker.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
The shares are proposed to be listed on the BSE and NSE.
The PhonePe shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.