{
  "id": 18073426,
  "title": "Razorpay Gets SEBI Nod For ₹6,000 Cr IPO",
  "url": "https://urgent.news/2026/11/04/razorpay-gets-sebi-nod-for-6-000-cr-ipo",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T05:38:13.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/razorpay-gets-sebi-nod-for-%e2%82%b96000-cr-ipo/"
  },
  "original_language": "en",
  "account": "Fintech company Razorpay has obtained SEBI's approval for its proposed ₹5,000-6,000 Cr IPO, according to sources cited by Inc42. The IPO is anticipated to value the firm at approximately $5 Bn, with a potential listing scheduled between January and March 2027, according to the sources. The offering is projected to consist of both a fresh issuance and an offer-for-sale (OFS), though the specific allocation between the two has not been disclosed. This news first emerged in the Economic Times. Razorpay was established in 2014 by Shashank Kumar and Harshil Mathur and provides payment processing, business banking, payroll, and lending services. The company filed its IPO documentation via the confidential route in June, targeting a valuation ranging from $5 Bn to $6 Bn, which is lower than the $7.5 Bn valuation it achieved in its most recent funding round in 2021. Prior to the share listing, Razorpay relocated its headquarters from the United States to India. The company incurred a loss in FY25 due to ₹1,209 Cr expenses related to employee stock options, as well as one-time restructuring and tax costs stemming from the relocation. Operating revenue increased by 65% year-over-year to ₹3,783 Cr during the year.",
  "summary": "Fintech major Razorpay has received SEBI’s approval for its proposed ₹5,000-6,000 Cr IPO, sources told Inc42. The IPO is expected…",
  "key_points": [
    "SEBI approves ₹6,000 Cr IPO for fintech firm Razorpay",
    "IPO valued at $5 Bn, listing between Jan-Mar 2027",
    "Company relocated HQ from US to India in 2024"
  ],
  "editors_take": "The regulatory approval for this massive public offering signals a shift toward more conservative valuations for major fintech players as they prioritize long-term liquidity over previous peak funding rounds.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}