Analysis: PhonePe

NSE:PHONEPE

Research report

companyname: PhonePe Limited (formerly known as PhonePe Private Limited) ticker: PHONEPE sector: Digital Payments & Financial Services (Fintech) documenttype: IPO Research Report This is a pure offer for sale. Existing shareholders are cashing out rather than the business raising growth capital. The offer comprises up to 50,660,446 Equity Shares of face value ₹1 each. There is no fresh issue. PhonePe receives nothing. The document states this plainly: "Our Company will not receive any procee...

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