PhonePe files for Rs 12K-crore IPO
Walmart-owned PhonePe on Wednesday said it has confidentially pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), joining a string of startups that have filed papers to go public this year.
According to sources, the company could be looking to raise around Rs 12,000 crore through the offer for sale (OFS) route.
