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Razorpay Confidentially Files for $500 Million India IPO

Razorpay Confidentially Files for $500 Million India IPO
Bloomberg Markets Monday 15 June 2026, 06:21 UTC By Rajesh Mascarenhas 1 min read
Key Points

Razorpay Confidentially Files for $500 Million India IPO Payments firm Razorpay Software Ltd. has confidentially filed draft papers with the Securities and Exchange Board of India for an initial public offering, according to a newspaper advertisement, joining a growing list of Indian startups opting for the confidential route. The proposed share sale could raise as much as $500 million, according to people familiar with the matter. Kotak Mahindra Capital Co., Axis Capital Ltd., Citigroup...

Razorpay Confidentially Files for $500 Million India IPO Payments firm Razorpay Software Ltd. has confidentially filed draft papers with the Securities and Exchange Board of India for an initial public offering, according to a newspaper advertisement, joining a growing list of Indian startups opting for the confidential route. The proposed share sale could raise as much as $500 million, according to people familiar with the matter. Kotak Mahindra Capital Co., Axis Capital Ltd., Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. are advising on the offering, the people said, asking not to be identified because the information is private. [Image text:] NSE NSE NSE
Razorpay Software Ltd. (ORG) the Securities and Exchange Board of India (ORG) Indian (ORG) Kotak Mahindra Capital Co. (ORG) Axis Capital Ltd. (ORG) Citigroup Inc. (ORG) Goldman Sachs Group Inc. (ORG) JPMorgan Chase & Co. (ORG)
Originally published by Bloomberg Markets Read original →

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