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UNLISTED COMPANY PROFILE

RAZORPAY SOFTWARE LIMITED

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹85.12
▲ +0.0% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 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.

₹85.12
₹85.12
25 Jun 2615 Aug 2602 Sept 26

ALL-TIME LOW
₹85.12
ALL-TIME HIGH
₹85.12
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.

CALCULATION METHOD →
Market cap
₹7,474 Cr
Latest available company data
Min. investment
₹10,214
Indicative price × lot size
Lot size
120
P/E ratio
225.51
P/B ratio
4.69
EPS
0.38
ROE
-50.48%
Book value
₹18.13
Face value
₹10
ISIN
INE0ZHQ01034
Company security identifier
THE BUSINESS · HOW IT EARNS

Razorpay Software Private Limited is presented on the issuer’s website as a business payments platform. The site says its payment suite lets businesses accept domestic and international payments through net banking, credit cards, debit cards, UPI, wallets and EMI. Its payments offering includes a payment gateway, payment links, one-click checkout and recurring subscriptions. The website also lists international payments, POS and in-store payments, business banking through RazorpayX, payouts, payroll and corporate cards. Taken together, these are software and financial-services tools sold to businesses for accepting payments, collecting via links or checkout, moving money and managing business-finance workflows. The company’s site describes payment-gateway services rather than consumer lending or merchant retailing as the core service. Its registered-office footer identifies Razorpay Software Private Limited and its CIN, linking the branded service offering to the legal entity in this profile.

About this company

Razorpay Software Limited is one of India's leading financial technology companies, best known for the digital payments infrastructure it provides to businesses across the country. Founded in 2013 and headquartered in Bengaluru, Razorpay began as a payment gateway aimed at simplifying online collections for merchants and has since grown into a full-stack fintech platform. The company was promoted by Harshil Mathur and Shashank Kumar, who built the business from an early-stage startup into one of India's most widely used payment service providers. Razorpay's offerings span several segments. Its core payment gateway enables businesses to accept payments through cards, UPI, net banking, wallets and other methods. Beyond collections, the company operates a neobanking and business banking arm (RazorpayX) for current accounts, payouts and payroll, a lending and capital line for merchants, and software for automating vendor payments and reconciliation. Together these products serve a broad base of merchants ranging from small online sellers to large enterprises, with the company reporting millions of businesses on its platform and a large annualised total payment volume. The company holds a prominent position in India's competitive payments landscape and reached unicorn valuation in 2020. In 2025 it completed a reverse-flip, shifting its parent domicile from the United States back to India, and converted to a public limited company, steps commonly associated with preparing for a domestic public listing. Razorpay reported strong consolidated revenue growth in its recent financial year. In the unlisted market, Razorpay draws considerable attention because it is a well-recognised, scaled fintech brand that has signalled intent to pursue a public listing, having filed a confidential draft offer document with the regulator in 2026. Investors and market participants track its shares for exposure to India's digital payments and fintech theme ahead of any potential listing. As with all pre-IPO names, the price quoted in the unlisted market is indicative and reflects negotiated transactions between buyers and sellers rather than an exchange-determined price.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL / CDSL
Incorporated2013
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
U72200KA2013PLC097389
PAN
AAGCR4375J
Incorporated
2013
Outstanding shares
132.29 crore shares (1,322,921,104)
Registered office
First Floor, SJR Cyber, 22 Laskar Hosur Road, Adugodi, Bengaluru 560030, Karnataka, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY21FY22FY23FY24FY25
REVENUE84,1201,48,1002,27,9002,50,1003,78,300
PAT6107307003,400-1,20,900
PAT MARGIN1%0%0%1%-32%
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

Harshil Mathur
Co-Founder & Chief Executive Officer (CEO)
Shashank Kumar
Co-Founder & Managing Director (former CTO)
COMPANY TIMELINE · EVENTS
Confidential DRHP filed for IPO (June 2026)

Razorpay filed a confidential draft red herring prospectus with SEBI on June 12, 2026, for an IPO of roughly Rs 5,000-6,000 crore (about $600 million), comprising a fresh issue and an offer for sale. Reported target valuation is around Rs 50,000-60,000 crore ($5-6 billion), with Axis Capital, Kotak Mahindra Capital, JP Morgan and Citi appointed as bankers.

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RBI grants Payment Aggregator-Cross Border (PA-CB) licence (December 2025)

Razorpay received the Reserve Bank of India's PA-CB licence in early December 2025, allowing it to process both inward and outward cross-border transactions under direct regulatory oversight. With this, the company holds the RBI's online, offline and cross-border payment aggregator authorisations.

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FY25 results: revenue up 65% to Rs 3,783 crore, Rs 1,209 crore loss (October 2025)

Razorpay reported consolidated FY25 revenue of Rs 3,783 crore, up 65% from Rs 2,296 crore in FY24, with gross profit rising to Rs 1,277 crore. The company posted a post-ESOP net loss of Rs 1,209 crore, attributed largely to restructuring and tax costs from its redomiciling, while its core payments business turned EBITDA-positive.

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Completed reverse-flip redomiciling from the US to India (May 2025)

Razorpay completed shifting its domicile from the United States to India in May 2025, merging its US parent into its Indian entity, a step required for an Indian stock-exchange listing. Reports indicate the move involved an associated tax outflow of roughly $150 million.

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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Razorpay Software Limited listed on the stock exchange?+

No. As of 2 September 2026, Razorpay Software 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 Razorpay Software Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Razorpay Software Limited is ₹85.12 per share. This is an over-the-counter reference price, not a stock-exchange quote.

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

The displayed unit count is 120 share(s); at the indicative price of about ₹85.12, the displayed amount is approximately ₹10,214. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Razorpay Software Limited?+

The recorded ISIN of Razorpay Software Limited is INE0ZHQ01034. 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 Razorpay Software 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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