Airtel Money targets $7 billion valuation in London IPO debut

Airtel Money priced its London IPO at £1.96 ($2.59) per share, valuing the mobile money business at £5.3 billion ($7 billion) ahead of its October 14, 2026 debut. The offering of 270 million existing shares will raise £529.2 million ($698.54 million).

• Valuation of $7 billion is below the $8–9 billion range reported at IPO announcement
• 270 million shares at £1.96 to raise £529.2 million ($698.54 million)
• 56.5 million customers and $245 billion in annualised transactions as of June 2026
• Free float of about 16.5%, with potential FTSE UK index inclusion