Razorpay confidentially files for ~$600M IPO with SEBI
Payment infrastructure firm Razorpay has confidentially filed IPO papers with SEBI, targeting an issue size of around $600 million. The listing signals capital scaling for a key India payment rails provider serving retail merchant ecosystems.
Payment rails firm Razorpay confidentially filed IPO papers with SEBI, with issue size likely around $600 million. As a key India payment infrastructure provider, its public listing signals capital scaling relevant to retail merchant ecosystems.
Why this matters
The filing follows Razorpay's completed reverse flip to India, a prerequisite for a domestic listing, and comes after FY25 revenue grew 65% to Rs 3,783 crore even as net loss widened to Rs 1,209 crore.
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