Razorpay files confidential DRHP for $500-600M IPO at $7.5B valuation
Payments major Razorpay filed confidential papers with SEBI for a $500-600 million IPO via fresh issue and OFS, post reverse-flip to India. FY25 revenue grew 65% to Rs 3,783 crore, though net loss widened to Rs 1,209 crore on ESOP and redomiciling charges.
Razorpay filed a confidential DRHP with SEBI for a $500-600 million IPO via fresh issue and OFS, post reverse-flip to India. FY25 revenue rose 65% to Rs 3,783 crore; net loss Rs 1,209 crore on ESOP and redomiciling costs.