The phone becomes public entity in advance of IPO – Industry News

You can launch yourself in yourself, as it should open people’s offerings soon.

The document shows that the decision to change the name from a limited private documentation in a special general conference on April 16.

The change must be approved by the middle processing center under the Ministry of Firm by issuing fresh invention certifications.

This is the legal step needed for the company that finds all the lists among you. At the beginning of this week, another company of Fintech Storic Razorpay has changed a public companies in advance of its IPO.

According to the industry sources, the phone is heading to the registration of the Indian stock exchange in this year, and the target is about $ 15 billion. Its final acquaintance estimates are about $ 12 billion.

It opened the Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to start the IPO process.

Phonepe has changed the agent in Singapore to India on 2022.

In February this year, unicorn announced that it was starting the process of preparation for potential public issues. “Telephone, our Fintech business, is IPO preparation in India.

Walmart is the most shareholder and other investors include Microsoft Atlantic, Tiger Global, Capital

Bengaluru-based company is the largest digital cash downloader, accounting for almost 50% of the UPI payment payment nearly 50%.

In FY24, the company reported an increase of 73% of the year of increase in the back 5,064 products of the product. Its adaptive profits after taxation in Rs 197 crore, against the loss of Rs 738 CRore in the past year.

In addition to the phone and razorpay, Starupay, Starups, Town Company, Stem Frank, Lenskart and Lews Labs are expected to open their public issues soon.