IPO & listingInc42
Razorpay Gets SEBI Nod For 6000 Cr IPO
Positive+523 sources
GreyOak summary
Fintech major Razorpay received SEBI approval to proceed with its proposed initial public offering valued between $5 billion and $6 billion. The company, which shifted its domicile to India, filed papers in June and expects to list between January and March 2027. The IPO includes a fresh issue and an offer-for-sale, following a year where operating revenue rose 65% despite losses.
What it affects
- SEBI regulationPositive +52
SEBI granted nod for Razorpay IPO.Rolling sentiment Positive +23
