Razorpay's IPO is coming at a 33-37% cut to its last private valuation, which means every secondary buyer today is deciding whether the IPO price is a floor for long-term entry or the ceiling before public-market reality resets expectations
SectorIndia Fintech / Payments Infrastructure
StagePre-IPO Secondary
PublishedJune 28, 2026
Authors and reviewers: Janvi (Research Analyst), Reena (Research Reviewer), Anurag (Senior Research Reviewer).