FAQ
How to invest in PhonePe?
PhonePe is a privately held company. This means only accredited and institutional investors can invest in the company before its IPO. Investors seeking exposure to PhonePe can invest indirectly via venture funds and investment syndicates, or purchase shares directly on pre-IPO marketplaces like Hiive.
Can you buy PhonePe stock?
Due to regulations, only accredited and institutional investors are eligible to purchase highly illiquid assets such as private company stock. In most cases, whether you can buy PhonePe shares is also ultimately subject to the company's decision to exercise its right of first refusal and final approval.
Can you sell PhonePe shares before it goes public?
If you own PhonePe shares, you may be able to find a buyer on pre-IPO marketplaces or via an introduction by a registered broker. Your ability to sell your shares ultimately depends on several factors such as the class of shares you own, the holding period prescribed by regulations, if applicable, and PhonePe's stance on share transfers as laid out in option agreements, option plans, company bylaws, shareholder agreements, or other company documents.
Want to learn more? Read this guide to selling pre-IPO shares and frequently asked questions.
What is PhonePe's stock price?
As a privately held company, PhonePe has no public stock price. To access current and historical pricing information on PhonePe stock, you can review filings from the company's past primary funding rounds, fund marks, and information from secondary trading data providers. Hiive also offers free access to historical trading data on hundreds of the top pre-IPO companies such as PhonePe.
What is the valuation of PhonePe?
The valuation of private companies such as PhonePe is not readily available because they are not listed on public exchanges.
One source of information on PhonePe's valuation is the details of its most recent primary funding rounds. Financial and technology news sources such as Reuters, Bloomberg, Techcrunch, and The Information routinely report on private company funding rounds and can be a good source of information. Alternatively, you can look at PhonePe's official website for press releases and investor relations updates, alongside venture capital databases such as Crunchbase, Pitchbook, and Preqin.
Is PhonePe publicly traded?
PhonePe remains a privately held company and cannot be accessed on major public exchanges such as NASDAQ or NYSE.
Accredited investors can invest in the top private companies like PhonePe before they IPO via secondary marketplaces such as Hiive.
Disclaimer: Nothing in this FAQ represents an offer to buy or sell, or a solicitation of an offer to buy or sell, any security. Hiive does not have any affiliation with the issuer(s) of any securities mentioned. Hiive does not provide investment advice and Hiive customers should obtain independent advice prior to buying or selling on Hiive.
FAQs
Ans: Platform from which you invest does not matter since the Mutual Fund investments will anyway go to the respective AMC (Asset Management Company - the mutual Fund company) only irrespective of the platform that you use.
Is it good to buy and sell the same stock? ›
Day trading can be appealing because it offers an opportunity to take advantage of quick price fluctuations in the stock market, betting on short-term stock prices. On the flip side of this speculative endeavor, is risk. Frequent trading can be expensive, because every transaction may incur broker fees.
How many times can I buy and sell one stock? ›
Just as how long you have to wait to sell a stock after buying it, there is no legal limit on the number of times you can buy and sell the same stock in one day. Again, though, your broker may impose restrictions based on your account type, available capital, and regulatory rules regarding 'Pattern Day Traders'.
Is it safe to invest gold in PhonePe? ›
When you purchase Gold on PhonePe, you get an option to store it digitally in a bank grade locker safely. Thereafter, you can access your Gold anytime you want to and get it safely home-delivered.
What is the disadvantage of PhonePe? ›
Like GPay, you dont have the option for secure login using PIN or password. Sometimes your transaction gets stuck in between for long duration, so that's a technical bug with this app. if you are booking your travel tickets with PhonePe and in case you cancelled it. Then you wont get any refunds for that.
Is PhonePe legal in India? ›
In 2022, PhonePe obtained licensing from the Reserve Bank of India for operating a Semi-Closed Prepaid Payment system.
What is the 3-5-7 rule in trading? ›
The 3-5-7 rule in trading is a risk management guideline that suggests limiting the amount of capital you put into any single trade. According to this rule, you should not risk more than 3% of your trading capital on any one trade, no more than 5% on any one sector, and no more than 7% on all trades combined.
What is the 3 day rule in stocks? ›
The 3-Day Rule in stock trading refers to the settlement rule that requires the finalization of a transaction within three business days after the trade date. This rule impacts how payments and orders are processed, requiring traders to have funds or credit in their accounts to cover purchases by the settlement date.
How soon can I sell a stock after buying it? ›
How Long Do You Have to Wait to Sell a Stock After Buying it? Technically, there is no waiting period. You can sell a stock seconds after buying it. However, frequent day trading might classify you as a 'Pattern Day Trader' by the Financial Industry Regulatory Authority (FINRA), which carries certain requirements.
What happens if you buy and sell a stock in the same day? ›
What Happens If You Sell and Buy Stock Same Day? If you're already registered to be a day trader, you're all set. But if you're not, your account could be flagged and your account may be restricted. Check with your broker about the rules for executing multiple transactions for the same stock within a single day.
With all these factors taken into consideration, the best time of day to trade is 9:30 to 10:30 am. The stock market opens for trading at 9:15 AM and in the first 15 minutes, the market is still responding to the previous day's news with experienced traders waiting to make their move.
What is the 2 hour trading strategy? ›
The term “2-hour trading strategy” describes a time-based approach to trading in which a trader actively buys and sells financial assets within a two-hour window, usually during the hours of the market that are the most volatile. It does not refer to a specific method in and of itself.
Can I invest in PhonePe? ›
With a variety of products, you can invest and manage your wealth in one place on PhonePe.
What is the minimum amount to sell gold on PhonePe? ›
You can sell gold for a minimum of ₹5 on PhonePe. Note: You need to have a minimum quantity of 0.5 gm in your digital locker to place a delivery request. You can check your gold locker to view your updated gold balance.
Is SIP safe in PhonePe? ›
Yes, it is safe to invest in PhonePe Mutual Funds. The app uses 128-bit SSL encryption to ensure that your transactions and personal information are secure. Moreover, the mutual funds offered through PhonePe are managed by registered and regulated asset management companies.
Is there any risk in PhonePe? ›
PhonePe Security - Every Payment is Protected on PhonePe. That's why we have an advanced security infrastructure to keep your transactions safe. We do what it takes to earn the trust that you and 55+ crore Indians have placed in us.
Is PhonePe 100% safe? ›
PhonePe is one of the most convenient and secure payment methods for digital transactions. To ensure smooth transactions and protect users from fraudulent activities, PhonePe has set transaction limits for various banking activities.
Can we get our money back from PhonePe? ›
how to refund money from phonepe? Open the phonepe app and go to the "Help"support team contact 0983-1230-668-section. Select the order for which you want to file a complaint. Open the %phonepe app and go to the "Help"support team contact 0983~1230~668- section.
Can you earn money from PhonePe? ›
Earn is a feature on PhonePe that lets you earn money by completing tasks such as referring apps to your friends and family or completing surveys. Once a task is completed, the amount earned will be added to your PhonePe Gift Card. With whom can I share app referrals? How do I refer apps on PhonePe to someone?
