{"id":986955,"date":"2026-01-21T11:58:26","date_gmt":"2026-01-21T06:28:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=986955"},"modified":"2026-01-21T11:58:26","modified_gmt":"2026-01-21T06:28:26","slug":"phonepes-rs-12k-cr-ipo-gets-sebi-nod","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/21\/phonepes-rs-12k-cr-ipo-gets-sebi-nod\/","title":{"rendered":"PhonePe&#8217;s Rs 12k cr IPO gets Sebi nod"},"content":{"rendered":"<p>MUMBAI: PhonePe has secured a go ahead from markets regulator Sebi for its IPO, people aware of the matter said. The Walmart-owned company is seeking to raise around Rs 12,000 crore ($1.3 billion) through an offer for sale (OFS). If it proceeds with a Rs 12,000-crore offer, it will be the second biggest Dalal Street debut for a startup.<\/p>\n<p>An OFS allows existing company shareholders to offload their stakes and exit their investments; no money goes into the firm&#8217;s coffers. Tiger Global, Microsoft and Walmart will sell shares in the IPO, sources had earlier said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: PhonePe has secured a go ahead from markets regulator Sebi for its IPO, people aware of the matter said. The Walmart-owned company is seeking to raise around Rs 12,000 crore ($1.3 billion) through an offer for sale (OFS). If it proceeds with a Rs 12,000-crore offer, it will be the second biggest Dalal Street debut for a startup. An OFS allows existing company shareholders to offload their stakes and exit their investments; no money goes into the firm&#8217;s coffers. Tiger Global, Microsoft and Walmart will sell shares in the IPO, sources had earlier said.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-986955","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=986955"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986955\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=986955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=986955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=986955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}