2150 Bid Lot, 6 shares Listing at, BSE, NSE Issue Opens. The Book Running Lead Managers for Paytm’s IPO are ICICI Securities, JP Morgan, HDFC Bank Ltd & Citigroup. Paytm IPO- Details Face value, Rs.1.00 Per Equity Share Issue Price, Rs. The Joint Global Co-ordinators and book-running lead managers are Morgan Stanely, Goldman Sachs (India) Securities Pvt Ltd, Axis Capital Ltd, and Link Intime India Pvt Ltd for Paytm IPO. ![]() At the top end of the IPO price band, Paytm was valued at 1.39. The Paytm Initial Public Offering Dates are as follows: Open Date The stock’s dive sliced 38,000 crore of Paytm’s IPO valuation, leaving investors facing heavy losses, at least on paper. The company also offered an “offer for sale” to its current investors and employees to sell their shares during the planned Initial Public Offering. The major investors in Paytm are Berkshire Hathaway Inc., SoftBank Group Corp., and Ant Group Co. Paytm is India’s largest mobile payment and commerce payment processor, valued at $16 billion, and raised $3 billion to date from various in-house and foreign investors. Paytm's initial public offer (IPO) is all set to be launched on Monday, Novemand is worth 18,300 crore, touted to be the biggest ever in India. The IPO launch date will be somewhere in the last quarter of the year 2021. The company filed its Draft Red Herring Prospectus (DRHP) in the month of Jul 2021 ( read here). Rs.2080- Rs.2150 has been set as the price band of the IPO, with a minimum investment. This IPO is set to be 22 bigger than the largest IPO till date- Coal India, which raised Rs.15,000 crore in 2010. It is selling its shares in the range of Rs 2,080-2,150 apiece, with a face value of Re 1 each. The IPO hit the Street on the fifth anniversary of the note ban. The board of One97 Communications Ltd., the parent company of Paytm has accorded approval-in-principle for the IPO amounting to $2.5 billion (~Rupees 18,000 crores). The One97 Communications subsidiary, Paytm IPO has opened for subscription from 8 November to 11 November with an aim of raising Rs.18,300 crore. One97 Communication, which has become a household name as Paytm, has been among the biggest beneficiaries of demonetisation. It also expanded its operations in the banking and e-commerce sectors. Gandhar Oil Refinery (India) Limited - IPO, Flair Writing Industries Limited - IPO. Paytm is India’s largest mobile payment and commerce payment processor. The company operates in e-commerce, e-commerce payment processing, and other financial technologies. Paytm was founded in 2009 and formerly known as One97 Communications Ltd, based in Noida, Uttar Pradesh. ![]() The major investors in the company are Berkshire Hathaway Inc., SoftBank Group Corp., and Ant Group Co. Currently, Paytm is a Noida-based startup valued at $16 Billion and raised $3 Billion to date. ![]() Paytm's Rs 18,300 crore IPO is the biggest in the country's corporate history, breaking a record held by. It also informed its shareholders and employees about the IPO filing and asked them to “Offer for Sale”. Shares of Paytm will be listed on the stock exchanges tomorrow - November 18, by 10:00 am. Paytm, India’s most valuable startup officially stated that it is palling to file an IPO.
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