PhonePe is a technology company building large-scale digital platforms that support payments, financial services, and digital distribution. Its ecosystem is designed to simplify money movement and improve access to goods and services across India.
It operates through three main platforms:
As of March 31, 2025 (Redseer Report), PhonePe had 618.40 million lifetime registered users (about 43% of India’s population) and 44.87 million lifetime registered merchants, covering roughly 77–80% of India’s merchant base.
The company focuses on expanding digital adoption across Tier-1, Tier-2, and Tier-3+ cities using India’s digital public infrastructure. Its strengths include strong leadership and governance, advanced technology capabilities, a trusted national brand, market leadership in payments, and a scalable, diversified business model.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | -- |
| Non-Institutional Investors (NIIs | 10% | -- |
| Retail Individual Investors (RIIs) | 15% | -- |
PhonePe Ltd’s total income 0 by 0.00% and total expenses 0 by 0.00%, resulting in an EBITDA -336 by -60.79% and a profit after tax (PAT) 0 by 0.00% between March 31, 2025 and March 31, 2026.
-224331 March 2026 | -85731 March 2025 | -33631 March 2024 |
2243
2019
1794
1570
1346
1122
897
673
449
224
0
Market leader in digital payments ecosystem
Large user base with over 618 million users and 44 million merchants
Diversified platform across payments
Financial services
and digital distribution
Strong brand backed by Walmart
Advanced technology infrastructure
Scalable business model with multiple growth avenues
| Allotment Date | Listing Date |
|---|---|
| -- | -- |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of PhonePe Ltd ipo has been designed to ensure broad participation while maintaining optimal price discovery.
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