Paytm looking to launch Rs 16,600-crore IPO by October
Jul 26, 2021, 11:21 PM ISTPaytm wants to hit the market with its Rs 16,600 crore IPO at the earliest and very likely by October, sources said on Monday.
Paytm wants to hit the market with its Rs 16,600 crore IPO at the earliest and very likely by October, sources said on Monday.
Glenmark Life Sciences IPO: Glenmark Life Sciences on Monday said it has raised Rs 454 crore from anchor investors ahead of its initial share sale, which opens for public subscription on Tuesday.
Notably, half of the issue has been reserved for qualified institutional buyers (QIBs), 35 per cent for retail investors, and the remaining 15 per cent for non-institutional investors. The allotment is expected to get completed by 26-27 July tentatively.
Glenmark Life Sciences IPO: The initial public offer (IPO) of Glenmark Life Sciences will open for subscription on July 27 and close on July 29, 2021. Glenmark Life Sciences is the API (active pharmaceutical ingredients) arm of Glenmark Pharmaceuticals.
Zomato's Rs 9,375 crore initial public offering (IPO) - India's biggest this year - will open on Wednesday amid buzz of strong response from global institutional investors.
Clean Science IPO Allotment, Grey Market Premium: The shares of Clean Science and Technology are commanding a premium of Rs 450 apiece in the grey market.
The Rs 500-crore IPO comprises fresh issuance of equity shares worth Rs 225 crore and an offer of sale to the tune of Rs 275 crore by existing promoters and shareholders.
Jana Bank IPO: Jana Small Finance Bank has received markets regulator Sebi's go-ahead to raise funds through an initial share-sale.
Digital payments and financial services firm Paytm on Monday received approval of shareholders for the country's biggest public offer of Rs 16,600 crore, according to a source aware of the EGM outcome.
Alipay representative Jing Xiandong, Ant Financial’s Guoming Cheng, and Alibaba representatives Michael Yuen Jen Yao (U.S. citizen) and Ting Hong Kenny Ho have ceased to be directors of the company, as per the regulatory document.
Digital payments firm Paytm is expected to seek shareholders' approval to raise up to Rs 16,600 crore through an initial share sale, giving it a valuation of over Rs 1.78 lakh crore, according to a source.
Zomato, which filed preliminary IPO papers with Sebi in April, obtained its observation on July 2, an update with the regulator showed on Monday.
Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders.
The Rs 1,546.62 crore-IPO is entirely an offer for sale (OFS) by existing promoters and other shareholders.
NTPC Renewable Energy Ltd IPO to hit markets in 2022-23 to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032
LIC has issued a public warning over the unauthorized use or misuse of its iconic logo by anybody.
Dodla Dairy IPO: The dairy company said it has fixed a price band of Rs 421-428 a share for its Rs 520-crore initial share-sale. The subscription will open on June 16.
Digital payments and financial services firm Paytm has received in-principle approval from the company's board to raise around Rs 22,000 crore through an initial public offer during the October-December quarter this year, according to an industry source.
Digital payments giant Paytm is planning to come out with an initial public offer worth USD 3 billion later this year, according to sources.
Aptus Value Housing Finance has filed preliminary papers with capital markets regulator Sebi to raise up to Rs 3,000 crore through an initial share sale.
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