PhonePe is a leading Indian fintech platform offering UPI transactions, digital payments, and financial services. Backed by Walmart, it continues expanding its reach in India’s payments ecosystem. The company is preparing for its upcoming IPO, with dates and prices yet to be announced.
PhonePe Limited IPO GMP Today
The Grey Market Premium (GMP) for PhonePe Limited is not available as of February 27, 2025.
PhonePe Limited IPO Review
PhonePe reported a 73.78% rise in consolidated revenue, reaching ₹5,064 crore in FY24, up from ₹2,914 crore in FY23. The company significantly narrowed its net loss to ₹1,996 crore, improving from ₹2,795 crore in the previous fiscal year, reflecting strong financial growth.
Excluding ESOP costs, PhonePe posted an adjusted post-tax profit of ₹197 crore in FY24, a sharp improvement from a ₹738 crore loss in FY23. This turnaround highlights its efficient cost management and revenue expansion, positioning the company for further financial stability in the fintech industry.
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PhonePe Limited IPO Date
PhonePe Limited IPO date is yet to be announced.
PhonePe Limited IPO Price
PhonePe Limited’s price range is yet to be announced.
PhonePe Limited
PhonePe is a leading Indian fintech platform offering digital payments, UPI transactions, insurance, and financial services. Launched in 2016, it has grown rapidly, serving millions with seamless transactions. Backed by Walmart, PhonePe continues expanding its offerings, driving digital financial inclusion and innovation in India’s payments ecosystem.
How To Apply For PhonePe Limited IPO?
To apply for the PhonePe Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for PhonePe Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the PhonePe Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.