📢 Walmart-Owned PhonePe Files For ₹12,000 Crore IPO
Date: September 2025
Walmart-backed digital payments leader PhonePe has confidentially filed for a ₹12,000 crore IPO with SEBI. The move signals one of the largest fintech public offerings in India.
🚀 Key Highlights
- IPO size: ₹12,000 crore (~$1.5 billion).
- Structure: Mostly an Offer for Sale (OFS) by existing shareholders, with a smaller fresh issue.
- Big investors like Walmart, Tiger Global, and Microsoft expected to sell part of their stakes (~10%).
- FY25 Revenue: ₹7,115 crore (up 40%).
- FY25 Net Loss: narrowed to ₹1,727.4 crore.
📊 Why It Matters
This IPO will place PhonePe among the top listed fintech companies in India. It reflects the growing confidence in India’s digital payments and fintech ecosystem. PhonePe is also expanding into lending, insurance, wealth management, and even its own app marketplace.
🌍 Investor & Market Impact
For global investors, the IPO offers liquidity to early backers. For Indian markets, it marks a milestone in tech-driven IPOs that could shape future investment trends.
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