Razorpay secures Sebi approval for ₹5,000-6,000 crore IPO, targets $5 billion valuation
- Fintech company Razorpay has received SEBI approval for its proposed IPO.
- Company plans to raise ₹5,000–6,000 crore through the public offering.
- • Razorpay targets a $5 billion valuation, down from $7.5 billion in 2021.
- Company aims to list between January & March 2027, depending on market conditions.
Source: business-standard.com
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