Paytm News, Updates & Promos
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Paytm get the go-ahead for Rs 16,600Cr IPO from shareholders
Gurugram-based fintech startup Paytm will likely release its draft red herring prospectus (DRHP) later this week.
yourstory.com
EXCLUSIVE Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment
Paytm's $2.2 billion IPO is facing an unusual hurdle - a 71-year-old former director has urged India's markets regulator to stall the offering, alleging he is a co-founder who invested $27,500 two decades ago but never got shares.
Paytm gets SEBI nod for Rs 16,600-crore IPO
The issue worth Rs 16,600 crore ($2.2 billion) comprises a fresh issue of equity shares of the face value of Rs 1 each, aggregating to Rs 8,300 crore and the offer for sale by the existing shareholders, aggregating to Rs 8,300 crore.
Mobile payments firm Paytm kicks off India's biggest IPO
India's biggest-ever initial public offering opens Monday with digital payments platform Paytm looking to raise nearly $2.5 billion, in what has already been a record year for share listings.
Despite Paytm’s lackluster listing, Chinese investors Ant Financial, Alibaba make $1 bn
Japanese investment vehicle, Softbank too made $400 million with a post IPO stake at 16%. Elevation Partners, one of the earliest backers of Paytm, sold shares worth $400 million with a post IPO stake at 15%.
socrates
I got banned!
Paytm founder arrested for ‘ramming’ DCP’s car, granted bail
According to an FIR filed in connection with the case, a Jaguar Land Rover, allegedly being driven by him, had hit the vehicle of DCP (South district) outside The Mother’s International School on Aurobindo Marg.
indianexpress.com
