From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Razorpay gets SEBI nod for ₹5,000-6,000 crore IPO; eyes $5 billion valuation
What's behind this
Razorpay has received SEBI approval for an initial public offering targeting a price band of ₹5,000‑6,000 crore, with the company aiming for a valuation of about $5 billion. The approval follows the submission of its draft IPO documents to SEBI through the confidential route in June, marking the start of its effort to access public markets.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
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center · 1 outlet
The development comes after Razorpay submitted its draft IPO papers with Sebi through the confidential route in June, initiating the process to tap the public markets.
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right · 1 outlet
The company submitted its draft IPO papers with SEBI through the confidential route in June
RSS excerpt
The company submitted its draft IPO papers with SEBI through the confidential route in June
