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UNLISTED COMPANY PROFILE

PHONEPE LIMITED

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹19,968
▲ +0.0% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 03 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2026

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹19,968
₹19,968
25 Jun 2616 Aug 2603 Sept 26

ALL-TIME LOW
₹19,968
ALL-TIME HIGH
₹19,968
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

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Market cap
₹1,07,000 Cr
Latest available company data
Min. investment
₹19,968
Indicative price × lot size
Lot size
1
P/B ratio
106.37
EPS
-37.46
ROE
-18.17%
Book value
₹187.73
Face value
₹1
ISIN
INE0KM101027
Company security identifier
THE BUSINESS · HOW IT EARNS

PhonePe is a fintech company whose flagship digital-payments app launched in August 2016. Its FY2023-24 report identifies the company as operating a consumer and merchant payments network. The group has expanded from payment services into financial services, specifically insurance, lending and wealth. It also identifies two consumer-technology businesses: Pincode, a hyperlocal e-commerce business, and Indus App Store, described as India’s first localized app store. The same report presents PhonePe as a group with technology, insurance-broking, wealth-broking, lending, finance and shopping subsidiaries. The company’s standalone statements record revenue from operations and payment-processing charges, while its group accounts include the businesses consolidated with the parent. This profile therefore describes a platform-led business combining digital payments with related financial services and consumer-technology offerings, rather than a single-product payments company. The description is limited to activities expressly identified in the issuer’s FY2023-24 report.

About this company

PhonePe Limited is one of India's largest digital payments and financial technology companies. Founded in 2012 and headquartered in Bengaluru, it built its scale on the Unified Payments Interface (UPI), and is widely tracked as one of the leading processors of UPI transaction volume in the country. The PhonePe app lets users send and receive money, pay utility bills, recharge mobiles, and transact at millions of online and offline merchant touchpoints through QR-code acceptance. Over time the company has expanded well beyond peer-to-peer and merchant payments into a broader financial services platform. Its business spans distribution of insurance, mutual funds and other investment products, lending partnerships, a payment gateway for merchants, and ventures such as the Pincode app for e-commerce and the Indus Appstore. This diversification is central to how the company is described in the market: a payments network steadily layering on higher-value financial and commerce services. PhonePe traces its origins to an acquisition by Flipkart, and its majority ownership has historically been linked to Walmart, which holds a controlling stake. The company completed a redomicile of its parent entity from Singapore to India, a step generally associated with companies preparing for a domestic public listing. It has been valued in the multi-billion-dollar range in private funding rounds, placing it among India's most prominent technology unicorns. In the unlisted market, PhonePe draws strong interest because it is a recognised consumer brand with large transaction scale and a clear, publicly discussed path toward a potential stock-exchange listing. The company received SEBI approval for an initial public offering structured as an offer for sale and has since indicated the timing would depend on market conditions. As a pre-IPO name, its shares are quoted by unlisted dealers at indicative prices that reflect private demand and supply rather than any exchange-determined value. Indicative prices and any fundamentals shown here are market-sourced data points for information only and are not investment advice.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL / CDSL
Incorporated2012
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U67190KA2012PLC176031
PAN
AACCF1132H
Incorporated
2012
Outstanding shares
50.66 crore shares (50,66,04,456)
Registered office
Office-2, Floor 5, Wing A, Block A, Salarpuria Softzone, Bellandur Village, Varthur Hobli, Outer Ring Road, Bangalore South, Bangalore, Karnataka 560103, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY23FY24FY25
REVENUE2,91,4005,06,4007,11,500
PAT-2,79,500-1,99,600-1,72,700
EPS (₹)-68-45-37
PAT MARGIN-96%-39%-24%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Sameer Nigam
Founder, Whole-time Director and CEO
Rahul Chari
Founder, Whole-time Director and CTO
Burzin Engineer
Founder and Chief Reliability Officer
Adarsh Nahata
Chief Financial Officer
Ankit Gunvantrai Popat
Company Secretary and Compliance Officer
Rohit Bhagat
Chairperson, Non-Executive Independent Director
Tarun Bajaj
Non-Executive Independent Director
Manish Sabharwal
Non-Executive Independent Director
Zarin Daruwala
Non-Executive Independent Director
Leigh Hopkins
Non-Executive Nominee Director
Donna Morris
Non-Executive Nominee Director
John David Rainey
Non-Executive Nominee Director
COMPANY TIMELINE · EVENTS
PhonePe IPO opens, structured as 100% Offer for Sale (June 2026)

PhonePe's IPO is a fully book-built Offer for Sale of up to 50,660,446 equity shares (face value Re 1), with no fresh issue. Promoter WM Digital Commerce Holdings (a Walmart subsidiary) sells the bulk of the shares, while Tiger Global and Microsoft offload their entire holdings.

PhonePe targets roughly $9-10.5 billion IPO valuation (March 2026)

Reuters reported PhonePe was targeting a valuation of about $9 billion to $10.5 billion for its IPO, aiming to raise close to $900 million and potentially up to $1.05 billion. This would rank among the largest fintech listings in India.

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SEBI clears PhonePe's IPO; company files UDRHP (January 2026)

SEBI approved PhonePe's IPO on 20 January 2026 after clearing its confidentially filed draft prospectus, and the company filed its Updated Draft Red Herring Prospectus (UDRHP-1) on 21 January 2026 for a 100% Offer-for-Sale issue.

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PhonePe FY25 results: revenue up ~40% to Rs 7,115 crore, narrower loss (September 2025)

PhonePe reported FY25 revenue from operations of Rs 7,115 crore, up about 40% from Rs 5,064 crore in FY24, with total income of roughly Rs 7,631 crore. Net loss narrowed to Rs 1,727 crore from Rs 1,996 crore; excluding ESOP costs the company reported an adjusted profit of about Rs 630 crore.

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PhonePe converts to a public limited company ahead of IPO (April 2025)

PhonePe became a public limited company in April 2025 as part of its preparation to list on Indian exchanges, following its earlier reverse-flip relocation of domicile from Singapore to India.

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THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is PhonePe Limited listed on the stock exchange?+

No. As of 3 September 2026, PhonePe Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the PhonePe Limited unlisted share price?+

As of 3 September 2026, the indicative unlisted share price of PhonePe Limited is ₹19,968 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for PhonePe Limited unlisted shares?+

The displayed unit count is 1 share(s); at the indicative price of about ₹19,968, the displayed amount is approximately ₹19,968. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of PhonePe Limited?+

The recorded ISIN of PhonePe Limited is INE0KM101027. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in PhonePe Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
FINANCIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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