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Paytm IPO: Paytm IPO Size to be about Rs 16,600 crore, may file DRHP on July 12

(This story originally appeared in on Jul 05, 2021)Mumbai: Paytm’s initial public offering (IPO) will be worth around Rs 16,600 crore (about $2.23 billion) and the Noida-based fintech firm is likely to file a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) soon after its extraordinary general meeting (EGM) on July 12, sources aware of the matter said. Paytm may also seek shareholders’ approval to increase the size of the IPO to nearly Rs 19,318 crore ($2.6 billion) closer to the date of its proposed listing, one of the sources added. The proposal, if approved, will make it one of the largest IPOs in dollar terms after Coal India (about $3.3 billion) and

Zomato IPO could hit market on July 19

Zomato IPO could hit market on July 19 SECTIONS Share Synopsis Offer size will likely be Rs 9,375 crore, making it second-biggest public issue in last 4 years ETtech Illustration: Rahul Awasthi The much-awaited initial public offer (IPO) of online food delivery and restaurant discovery platform Zomato is expected to open for subscription on July 19 at a price band of Rs 70-72 per share, said people with direct knowledge of the development. The offer size will likely be as much as Rs 9,375 crore at this price, making it the second-biggest IPO in the last four years after the Rs 10,355 crore offer from SBI Cards and Payment Services. In October 2017, General Insurance Corporation of India raised Rs 11,176 crore through an IPO.

Zomato IPO likely to hit market on July 19

Zomato IPO likely to hit market on July 19 SECTIONS Share Synopsis Offer size will likely be Rs 9,375 crore, making it second-biggest public issue in last 4 years ETtech Illustration: Rahul Awasthi The much-awaited initial public offer (IPO) of online food delivery and restaurant discovery platform Zomato is expected to open for subscription on July 19 at a price band of Rs 70-72 per share, said people with direct knowledge of the development. The offer size will likely be as much as Rs 9,375 crore at this price, making it the second-biggest IPO in the last four years after the Rs 10,355 crore offer from SBI Cards and Payment Services. In October 2017, General Insurance Corporation of India raised Rs 11,176 crore through an IPO.

Now, stock exchanges, clearing corporations and depositories Will Have To Pay For Technical Glitches

Now, stock exchanges, clearing corporations and depositories Will Have To Pay For Technical Glitches
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