Razorpay Gets SEBI Nod For ₹6,000 Cr IPO
Payment processing and fintech platform Razorpay has won regulatory clearance from SEBI for its proposed IPO. The offering will include both fresh issuance and offer-for-sale components. Founded in 2014, Razorpay provides payment processing, banking, payroll and lending solutions. The company shifted domicile from the US to India ahead of listing and reported 65% YoY revenue growth to ₹3,783 Cr in FY25, though it posted a loss due to ESOP and restructuring costs.
Key points
- SEBI approves ₹5,000–6,000 Cr IPO targeting ~$5 Bn valuation
- Listing expected January–March 2027
- Fintech major shifted domicile to India for the offering
- Operating revenue grew 65% YoY to ₹3,783 Cr in FY25
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