PhonePe Limited Unlisted Share Price
As of , the indicative unlisted share price of PhonePe Limited is ₹19,968 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , PhonePe Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| Price / unit | ₹19,968 |
|---|---|
| Market cap | ₹1,07,000 Cr |
| Min. investment | ₹19,968 |
| Lot size | 1 |
| P/B ratio | 106.4 |
| ROE | -18.17% |
What is PhonePe Limited?
PhonePe Limited is an unlisted Financials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
PhonePe Limited is one of India's largest digital payments and financial technology companies. Founded in 2012 and headquartered in Bengaluru, it built its scale on the Unified Payments Interface (UPI), and is widely tracked as one of the leading processors of UPI transaction volume in the country. The PhonePe app lets users send and receive money, pay utility bills, recharge mobiles, and transact at millions of online and offline merchant touchpoints through QR-code acceptance. Over time the company has expanded well beyond peer-to-peer and merchant payments into a broader financial services platform. Its business spans distribution of insurance, mutual funds and other investment products, lending partnerships, a payment gateway for merchants, and ventures such as the Pincode app for e-commerce and the Indus Appstore. This diversification is central to how the company is described in the market: a payments network steadily layering on higher-value financial and commerce services. PhonePe traces its origins to an acquisition by Flipkart, and its majority ownership has historically been linked to Walmart, which holds a controlling stake. The company completed a redomicile of its parent entity from Singapore to India, a step generally associated with companies preparing for a domestic public listing. It has been valued in the multi-billion-dollar range in private funding rounds, placing it among India's most prominent technology unicorns. In the unlisted market, PhonePe draws strong interest because it is a recognised consumer brand with large transaction scale and a clear, publicly discussed path toward a potential stock-exchange listing. The company received SEBI approval for an initial public offering structured as an offer for sale and has since indicated the timing would depend on market conditions. As a pre-IPO name, its shares are quoted by unlisted dealers at indicative prices that reflect private demand and supply rather than any exchange-determined value. Indicative prices and any fundamentals shown here are market-sourced data points for information only and are not investment advice.
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Frequently asked questions
No. As of 16 July 2026, PhonePe Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
The minimum lot is 1 share(s); at the indicative price of about ₹19,968, that is approximately ₹19,968. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of PhonePe Limited is ₹19,968 per share. This is an over-the-counter reference price, not a stock-exchange quote.
The ISIN of PhonePe Limited is INE0KM101027. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.
PhonePe Limited is an India-based digital payments and financial technology company founded in 2012 and headquartered in Bengaluru. It operates a UPI-based payments app for money transfers, bill payments and merchant transactions, and has expanded into financial services such as insurance and investment distribution, lending partnerships, a payment gateway, and commerce ventures including the Pincode app and Indus Appstore.
As of the latest available information, PhonePe Limited is not listed on the NSE or BSE; it remains a pre-IPO company. The company has received SEBI approval for an initial public offering but has indicated the timing will depend on market conditions. Until any listing, its shares trade only in the private, unlisted market, where they are bought and sold through registered unlisted-share dealers and intermediaries via off-market transfer into a demat account. This is general information, not investment advice.
Because PhonePe is not listed on a stock exchange, there is no exchange-quoted market price. Its indicative unlisted price is set by supply and demand among private buyers and sellers and is influenced by factors such as the company's funding-round valuations, financial performance, sector sentiment, overall market conditions, and expectations around a possible IPO. These quotes are indicative only and can vary between dealers.
PhonePe Limited carries CIN U67190KA2012PLC176031 and ISIN INE0KM101027, with a face value of ₹1 per share. It was incorporated in 2012 and is registered in Bengaluru, Karnataka. Its ownership has historically been linked to Walmart as the controlling shareholder, following its origins within the Flipkart group. These details are provided for information only.
They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.
After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.
Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.
Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.
An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.
Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.
Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.
PhonePe Limited vs similar unlisted Financials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.