Tuesday, October 19

Tag: Initial public offering

Paytm Is Coming With The Biggest IPO

Paytm Is Coming With The Biggest IPO

All, Info gyan, Science & Technology
Digital payment and financial service company Paytm is coming up with the biggest IPO ( Initial public offering ). If a company offers its shares to the public for the first time under the primary market, then it is called IPO. This company will bring an IPO of 16,600 crores. The company has sent an application to the market regulator SEBI ( securities and exchange board of India) for the IPO. According to this draft given to SEBI, the value of this Noida-based company is being said to be $ 16 billion. The company said that in this IPO there will be an offer for sale (OFS) of Rs 8,300 crore and a fresh issue of Rs 8,300 crore. Before this, the IPO of 15,475 crores of Coal India, which came in 2010, was the biggest IPO ever. What will be changed? After the arrival of th...