Razorpay Gets SEBI Nod For ₹6,000 Cr IPO

by · Inc42

SUMMARY

  • Razorpay has received SEBI’s approval for its proposed ₹5,000-6,000 Cr IPO, with a listing likely between January and March 2027, sources told Inc42.
  • The fintech major is targeting a valuation of around $5 Bn, below the $7.5 Bn valuation it commanded in its last funding round in 2021.
  • The IPO is expected to comprise a fresh issue and an offer-for-sale, although the proposed split remains undisclosed.