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Paytm shares close 27% lower from issue price on listing day; wipes out Rs 38k crore in investor wealth Balraj·November 18, 2021One97 Communications Ltd., the parent company of digital payments platform Paytm, had the worst stock market debut in...BusinessIndia NewsMarketsStartups·0 Comments·0
Paytm IPO will make 350 of its former and current employees crorepatis after listing on stock exchanges Balraj·November 15, 2021With the $2.5 billion IPO of One97 Communications, the parent company of fintech startup Paytm, around 350 of...BusinessIndia NewsTech·0 Comments·0
Paytm IPO Day 2: Total subscription was 35%, with retail portion fully booked Balraj·November 9, 2021Paytm’s Rs 18,300 crore IPO was subscribed 35 percent at 12:45 pm on the second day of the...BusinessIndia NewsMarketsStartupsTech·0 Comments·0
Paytm IPO Day 1: Total subscription was 18%, with retail portion booked at 78% Balraj·November 8, 2021Paytm’s highly-anticipated IPO started today, with retail investors subscribing to 78 percent or 0.78 times their allotted shares...BusinessIndia NewsMarketsStartupsTech·0 Comments·0
Paytm’s IPO likely to open on November 8; bringing the IPO size to Rs 18300 crore At a price band of Rs 2,080 - 2,150 per share Balraj·October 29, 2021The much-anticipated initial public offering (IPO) of One97 Communications, which operates the digital payments firm Paytm, will commence...India NewsStartupsTech·0 Comments·0
Paytm to raise Rs 920 crore from Swiss Re for its insurance venture Balraj·October 28, 2021Paytm Insuretech Private Limited (PIT), a subsidiary of the financial services firm Paytm, announced that it has signed...BusinessIndia NewsStartups·0 Comments·0
India’s Paytm in talks with financial firms for IPO stakes. Sandra Theres Dony·October 8, 2021According to certain reports, discussions are undergoing between India’s Paytm and other sovereign wealth funds and financial firms....India News·0 Comments·0
Paytm’s founder Vijay Shekhar Sharma to receive ESOPs for first time Balraj·September 25, 2021One97 Communications, the parent company of digital payment major Paytm, has agreed to almost double its employee stock...BusinessIndia NewsStartups·0 Comments·0
Mobikwik sets aside 7% of its equity shares for employee stock options Balraj·September 22, 2021One MobiKwik Systems owned Digital payments platform MobiKwik, which has filed its draft red herring prospectus (DRHP), announced...CarsIndia NewsStartups·0 Comments·0
Paytm to spin off its payments division into standalone entity Balraj·September 2, 2021Mobile payments giant Paytm is planning to spin off its payment aggregator business into a new subsidiary called...BusinessIndia NewsStartupsTech·0 Comments·0