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Paytm To Be Listed Tomorrow: All You Need To Know About India's Biggest IPO
17 Nov 2021, 06:56 PM IST 
Paytm IPO: The firm sold shares in the price band Rs 2,080- Rs 2,150 per share
- Shares of Paytm will be listed on the stock exchanges tomorrow - November 18, by 10:00 am
- Paytm's Rs 18,300 crore IPO is the biggest in the country's corporate history, breaking a record held by state-run Coal India Ltd, which raised Rs 15,000 crore over a decade ago.
- Paytm allocated shares worth Rs 8,235 crore to more than 100 institutional investors, including the government of Singapore, ahead of the country's largest-ever stock market listing.
- The IPO which was subscribed 1.66 times by retail investors, 2.79 times by qualified institutional buyers (QIBs), and 0.24 times by non institutional investors, according to NSE data.
- One can check the allotment status for Paytm shares on the BSE or through the registrar's website — Link Intime India (Also Read: Follow These Steps To Check Allotment Status For Paytm Shares )
- Paytm IPO consisted of a fresh issue of Rs 8,300 crore and an offer for sale (OFS) by existing shareholders worth Rs 10,000 crore.
- Paytm sold shares in the price band of Rs 2,080- Rs 2,150 per share and retail investors can bid for a minimum of one lot of six shares up to a maximum of 15 lots. At the upper price band, one lot of Paytm shares were priced at Rs 12,900.
- Investors such as Japan's SoftBank, China's Ant Group and Alibaba, and Elevation Capital were among the top investors who diluted their stakes in the IPO.
- Launched a decade ago as a platform for mobile recharging, Paytm grew rapidly after ride-hailing firm Uber listed it as a quick payment option.
- Paytm's use swelled in 2016 when the central government baned high-value currency bank notes, which boosted digital payments.
