Paytm plans to raise Rs 18,300 crore from IPO, which includes Rs 8,300 crore from fresh equity issuance and Rs 10,000 crore from offer for sale (OFS).
Digital firm One97 Communications, which operates under the Paytm brand name, on Thursday said its IPO will open for subscription on November 8 in the price band of Rs 2,080-2,150, which means the firm is valued at Rs 1.44 lakh crore. . 1.48 lakh crore.
The Initial Public Offer (IPO) subscription will close on November 10.
Paytm plans to raise Rs 18,300 crore from IPO, which includes Rs 8,300 crore from fresh equity issuance and Rs 10,000 crore from offer for sale (OFS).
The OFS includes sale of up to Rs 402.65 crore by Vijay Shekhar Sharma, up to Rs 4,704.43 crore by Antfin (Netherlands) Holdings, up to Rs 784.82 crore by Alibaba.com Singapore E-commerce and up to Rs 75.02 crore by Elevation Capital v FII. Holdings.
In addition, Elevation Capital V Limited will offer up to Rs 64.01 crore, SAIF III Mauritius Rs 1,327.65 crore, SAIF Partners Rs 563.63 crore, SVF Partners Rs 1,689.03 crore and International Holdings Rs 301.77 crore, as per the IPO document.
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