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Paytm could pip Coal India in largest market debut ever


Paytm could pip Coal India in largest market debut ever
Paytm plans to make its market debut in India around November this year.  The IPO will include a mix of new and existing shares to meet regulatory obligations in India
BusinessToday.In | May 27, 2021 | Updated 16:16 IST
The share sale could surpass the Coal India IPO , India s largest IPO till date, through which the state-owned mining company raised more than Rs 15,000 crore in 2010.
Paytm, the leading payments company led by Vijay Shekhar Sharma, plans to raise about Rs 21,800 crore though an initial public offer (IPO) this year.
This could be the largest market debut ever for an Indian company. The share sale could surpass the Coal India IPO , India s largest IPO till date, through which the state-owned mining company raised more than Rs 15,000 crore in 2010. ....

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Softbank-backed Paytm fast tracks IPO plan a year into the pandemic ⁠— a $3 billion fundraising could be the biggest market debut in India


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Softbank-backed Paytm fast tracks IPO plan a year into the pandemic ⁠ a $3 billion fundraising could be the biggest market debut in India
Softbank-backed Paytm fast tracks IPO plan a year into the pandemic ⁠ a $3 billion fundraising could be the biggest market debut in India
Rounak JainMay 27, 2021, 17:40 IST
The Paytm IPO worth ₹21,000 crore could debut around Diwali this yearBCCL
Paytm could launch its ₹21,000 crore ($3 billion) initial public offering (IPO) later this year.
If successful, this will be the biggest IPO for a company in India, beating the ₹10,000 crore Coal India IPO from 2010.
The 10-year old startup is backed by
Softbank, Alibaba Group, Ant Financial, among others.Paytm, one of the leading digital payments providers in India, is eyeing a bumper ₹21,000 crore ($3 billion) initial public offering (IPO) this year. If it goes through, this would be the largest market debut of an Indian company, so far. Two people fam ....

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Paytm Plans To Launch $3 Billion IPO In What Would Be India's Largest Debut


Paytm Plans To Launch $3 Billion IPO In What Would Be India’s Largest Debut
Paytm Plans To Launch $3 Billion IPO In What Would Be India’s Largest Debut
If successful, Paytm s initial share sale would surpass Coal India Ltd. s offering, which raised more than Rs 15,000 crore in 2010 in the country s largest IPO so far.
The One97 board plans to meet this Friday to formally approve the IPO
Paytm, India s leading digital payments provider, is aiming to raise about Rs 21,800 crore in an initial public offering late this year, according to a person familiar with the deal, in what could be the country s largest debut ever. ....

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