Archive · 10 Jan 2026
Razorpay Prepares for Rs 4,500 Crore IPO
Razorpay, a company that helps businesses with payments, is getting ready to go public.
This means they will sell shares of their company to the public for the first time, which could be worth Rs 4,500 crore.
They are talking to banks like Axis Capital and Kotak Mahindra to help with this process.
Razorpay was started in 2014 and has raised a lot of money from investors, making it worth a lot.
They have offices in India, Singapore, and Malaysia and recently bought a company called POP UPI.
The plan to go public is part of their bigger goal to grow and become more valuable.
Razorpay is preparing for an IPO worth Rs 4,500 crore.
Axis Capital and Kotak Mahindra are potential underwriters for the IPO.
The company is also in talks to raise funds in a pre-IPO round.
Razorpay transitioned to a public limited company in April 2023 as part of its plan to shift domicile from the US to India.
The company has raised a total of $742 million in funding and was valued at $9.2 billion as of June 2025.
- Who
- Razorpay, a fintech major based in Bengaluru
- What
- Preparing for an Initial Public Offering (IPO) worth Rs 4,500 crore
- When
- Potential launch by the end of the year
- Where
- India, with operations in Singapore and Malaysia
- Why
- To join the league of fintechs listed on stock exchanges and achieve a valuation benchmark
- Company
- Razorpay
- IPO Size
- Rs 4,500 crore
- Potential Underwriters
- Axis Capital, Kotak Mahindra
- Founded
- 2014
- Founders
- Shashank Kumar, Harshil Mathur
- Total Funding
- $742 million
- Valuation (June 2025)
- $9.2 billion
- Annual Revenue (FY24)
- Rs 2,500 crore
- Employees
- 3,000
- Recent Acquisition
- POP UPI for $30 million