PhonePe is bringing IPO, is the retreat of Walmart and Microsoft a big opportunity for you? – ..

News India Live, Digital Desk: Hey brother, the same PhonePe which we use for every small and big payment is now going to take a new step. There was talk for a long time that PhonePe is going to launch its IPO, and now it seems to be confirmed. The news is that the company has filed its updated DRHP i.e. a kind of report card, in which many big revelations have been made.

The most shocking thing is that the world’s largest retail company and owner of PhonePe Walmart It is thinking of withdrawing money by selling some of its stake through this IPO. Not only this, the giant tech company Microsoft And Tiger Global Even big renowned companies are now preparing to completely disembark from this ship, i.e. they are ‘exiting’ by selling their entire stake.

Now you might be thinking that if so many big people are leaving the company, is there something wrong? Actually it is not so. This is called ‘profit booking’. When these companies had invested money, PhonePe was very small, today it has become a giant company, so now they are releasing their profits so that common people (retail investors) can become a part of it.

The arrival of IPO means that now you will have the opportunity to buy shares of PhonePe. The momentum that the company has gained in the last few years due to Digital India has made it India’s most valuable Fintech. Obviously, whenever such a big name comes into the stock market, people get upset.

However, the company has not yet announced the date or price band, but looking at the preparations it seems that that time is very near. The advice for investors is to take a decision only after reading all the mathematics (profit and loss) of the company carefully.

By the way, what do you feel like? When PhonePe shares are available, will you be lining up or keeping it limited to just ‘payments’? Please share your opinion in the comments!