Razorpay to file confidential DRHP for ₹5,700 crore IPO: Report

Soheib Ahsan, Published on Jun 12th, 2026

Razorpay to file confidential DRHP for ₹5,700 crore IPO: Report

Indian fintech Razorpay may file a confidential Draft Red Herring Prospectus (DRHP) within a week for a $600 million (over ₹5,700 crore) IPO, NDTV Profit reported. The offering will comprise an offer-for-sale of shares worth $300 million and a fresh issue of shares worth the same amount. Razorpay is targeting a valuation of $5-6 billion, the report further said.

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