IPO & listingEconomic Times
Sebi gives green signal to Razorpay IPO
Positive+27
GreyOak summary
Sebi approved Razorpay Software Ltd's IPO draft documents on November 3, clearing the way for its listing. The Bengaluru-based fintech aims to raise Rs 5,500-6,500 crore with a valuation around $5 billion. The company targets a listing in the first quarter of 2027, pending market conditions.
What it affects
- SEBI regulationPositive +27
Approved Razorpay's IPO draft documents.Rolling sentiment Positive +28
