InvestorQ : Can you tell me about the details of the Paytm IPO, especially about the dates and the valuations of the IPO?
Arti Chavan made post

Can you tell me about the details of the Paytm IPO, especially about the dates and the valuations of the IPO?

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Rutuja Nigam answered.
2 months ago
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Paytm announced its IPO dates just 3 days after SEBI approved its DRHP filed about 3 months back. The total size of the IPO has been enhanced to Rs.18,300 crore. The IPO will open for subscription on 08-November and the subscription will close on 10-November. The price band for the Paytm or One97 Communications IPO has been set in the price band of Rs.2,080 to Rs.2,150 per share.

Needless to say, this will be more than 20% bigger than the biggest IPO till date of Coal India and should remain the largest IPO till the LIC IPO happens. The Paytm IPO is expected to imply valuations for Paytm at around $20 billion, which is lower than what the company was expecting. The original IPO size of Rs.16,600 crore has enhanced after OFS component was raised from Rs.8,300 core to Rs.10,000 crore. Paytm made losses of Rs.1,701 crore in FY21.

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