The Rs 18,300 crore-offer is predominant as it will be India’s most involving after Coal India’s IPO in 2010 wherein Coal India had garnered Rs 15,200 crore.
The initial public offer (IPO) of One97 Communications, which operates below the Paytm imprint title opened for subscription on Monday (November 8). The IPO opened within the ticket band of Rs 2,080-2,150 per portion.
The Rs 18,300 crore-offer is predominant as it will be India’s most involving after Coal India’s IPO in 2010 wherein Coal India had garnered Rs 15,200 crore.
Here are key facets of Paytm IPO:
1. The IPO comprises issuance of contemporary equity shares price Rs 8,300 crore and offer within the marketplace (OFS) by existing shareholders price Rs 10,000 crore. The Paytm IPO will discontinuance for subscription on November 10.
2. The Paytm IPO ticket band values it within the differ of USD 19.3 – 19.9 billion. At new exchange charges, it approach the challenge ticket is Rs 1.44 lakh crore to Rs 1.48 lakh crore.
3. By device of the OFS, One97 Communications Managing Director and CEO Vijay Shekhar Sharma will offload shares price up to Rs 402.65 crore. On the loads of hand, Antfin (Netherlands) Holdings will sell shares price Rs 4,704.43 crore.
4. Alibaba.Com Singapore E-Commerce will sell shares price Rs 784.82 crore, Elevation CapitalV FII Holdings (Rs 75.02 crore), Elevation Capital V Ltd (Rs 64.01 crore), Saif III Mauritius (Rs 1,327.65 crore), Saif Companions (Rs 563.63 crore), SVF Companions (Rs 1,689.03 crore) and Global Holdings (Rs 301.77 crore), as per its offer doc.
