India, Feb. 14 -- Fintech major Razorpay has reportedly roped in four investment bankers to helm its upcoming initial public offering (IPO).

Sources told Moneycontrol that the fintech giant has shortlisted Axis Capital, Kotak Mahindra Capital, JP Morgan and Citi as advisory to oversee the listing, adding that the company could add more investment banks to its kitty later if required.

As per the report, Razorpay is looking to float a public issue in excess of $700 Mn (Rs.6,340 Cr), which will comprise a combination of primary and secondary issue of shares.

"The IPO is likely to be a combination of primary and secondary issue of shares. These are early days but the plan is for the issue size to be in excess of $700 Mn," a source reported...