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Paytm share price

Paytm to ask shareholder nod for $1.6 billion sale of new stock

18 June 2021 by Admin
Paytm to ask shareholder nod for .6 billion sale of new stock

Digital payments startup Paytm will ask for shareholder permission to sell about $1.6 billion in new stock as part of what’s set to be India’s largest-ever initial public offering. The company wants to sell 120 billion rupees ($1.61 billion) in new shares plus a potential 1per cent for over-allotment, the company said in a notice … Read more

Categories Economy Tags Delhi, Digital, India, One97 Communications, paytm, Paytm IPO, Paytm share price Leave a comment

Paytm said to move ahead with planned $3b IPO

7 June 2021 by Admin
Paytm said to move ahead with planned b IPO

By Saritha Rai India’s Paytm is asking employees to decide whether they want to sell shares in the digital payments pioneer’s planned initial public offering, taking another step toward what could be the country’s largest stock market debut ever. The startup, formally called One97 Communications Ltd., sent the “offer for sale” to its staff Monday … Read more

Categories Economy Tags Coal India Ltd., Morgan Stanley, paytm, Paytm IPO, paytm listing, Paytm share price, Paytm shares Leave a comment
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