PhonePe has initiated its Initial Public Offering (IPO) process, marking a crucial milestone in its mission to revolutionise digital finance. Since 2016, it has transformed digital payments, ensuring convenience, security, and accessibility for consumers and businesses across India.
Committed to India’s economic growth, PhonePe aims to contribute to the nation’s goal of becoming the world’s third-largest economy. Building a secure, affordable, and scalable digital ecosystem supports a trillion-dollar digital GDP contribution by 2030.
With its IPO, PhonePe seeks to expand offerings, invest in technology, and enhance financial inclusion for 1.4 billion Indians. This step strengthens its vision of becoming an iconic, multi-generational Indian company solving large-scale digital challenges.
PhonePe IPO – Important Dates
PhonePe Limited IPO Date | Yet to be announced |
PhonePe Limited IPO Listing Date | Yet to be announced |
PhonePe Limited IPO Price | Yet to be announced |
PhonePe Limited IPO Lot Size | Yet to be announced |
PhonePe Limited IPO Total Issue Size | Yet to be announced |
PhonePe Limited IPO Basis of Allotment | Yet to be announced |
PhonePe Limited IPO Initiation of Refunds | Yet to be announced |
PhonePe Limited IPO Credit of Shares to Demat | Yet to be announced |
PhonePe Limited IPO Issue Type | Yet to be announced |
PhonePePhonePe Limited IPO Listing At | Yet to be announced |
PhonePe IPO – Company Profile
PhonePe Limited is an India-first company with 100% local operations, employing 22,000+ people, including 1,500+ top engineers. It has invested ₹2,800+ crore in infrastructure and runs a diversified portfolio spanning payments, financial services, insurance, credit, and mutual funds.
A world-class, made-in-India technology stack powers digital payments nationwide. As a leader in India’s DPI ecosystem, it drives innovation and competition, exemplified by Indus Appstore, which challenges Google Play Store’s dominance in the Indian market.
Expanding beyond payments, PhonePe now offers financial services, including insurance, credit, and wealth products. Its global UPI reach spans six countries, while Pincode empowers local stores with advanced inventory and logistics for hyperlocal e-commerce growth.
PhonePe IPO Fundamental Analysis
PhonePe Limited’s financial analysis reveals a mixed performance. Revenue has shown strong growth, equity continues to rise, profitability has improved, EPS has increased, and total assets have expanded, indicating business growth and investor confidence.
- Revenue Trend: The revenue in March 2023 is ₹2,914 crores. The revenue for the current year’s 12-month period ending March 2024 is INR 5,064 crores.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹(2,795) crores in March 2023 to ₹(1,996) crores by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹(683.46) in March 2023 to ₹(451.64) by March 2024, reflecting higher earnings per share for investors.
- Financial Position: Total assets have increased, suggesting potential business growth.
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PhonePe IPO Financial Analysis
Particular | As of 31 March 2023 | As of 31 March 2024 |
Revenue (₹ in crores) | 2,914 | 5,064 |
Equity (₹ in crores) | 7,518 | 9,455 |
Expenses (₹ in crores) | 5,907 | 7,756 |
Profit and Loss After Tax (₹ in crores) | (2,795) | (1,996) |
Diluted EPS only (₹) | (683.46) | (451.64) |
Total Assets (in crores) | 11,840 | 12,711 |
Total Liabilities (in crores) | 4,322 | 3,256 |
How to apply for the PhonePe IPO?
To apply for the PhonePe Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the PhonePe Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the PhonePe Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check PhonePe IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the PhonePe Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the PhonePe Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the PhonePe Limited IPO:
● Registrar’s Website: Visit the website of the registrar of the PhonePe Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE and NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
PhonePe IPO – FAQs
The allotment date of the PhonePe is yet to be announced.
The price band of the issue is yet to be announced.
PhonePe has announced that it is commencing preparatory steps for its potential Initial Public Offering (IPO) and plans to list on Indian stock exchanges.
The listing date of the PhonePe is yet to be announced.
PhonePe is getting listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange(NSE).
The open and close dates of the PhonePe Limited are yet to be announced.
To apply for the PhonePe Limited IPO via Alice Blue, open a Demat account, check IPO details, place your bid, and submit your application. After allotment, check your status, noting that share allocation depends on demand and is not guaranteed.
The Book Runner for the PhonePe is yet to be announced.