Paytm looking to launch Rs 16,600-crore IPO by October
July 26, 2021 23:21 ISTPaytm wants to hit the market with its Rs 16,600 crore IPO at the earliest and very likely by October, sources said on Monday.
Paytm wants to hit the market with its Rs 16,600 crore IPO at the earliest and very likely by October, sources said on Monday.
Paytm, Zomato, Steam, other popular applications suffered a massive outage. Now apps are working fine.
Akamai acknowledged that it was experiencing a service disruption. "We are actively investigating the issue and will provide an update in 30 minutes," it said.
Paytm IPO will be the largest since the 2010 issue by state-owned Coal India. It will raise Rs 16,600 crore from the offer.
Paytm has filed a draft red herring prospectus for its proposed Rs 16,600 crore IPO.
Zomato got bids for 344.76 crore shares against 71.92 crore shares on offer, stock exchange data showed.
Digital payments and financial services firm Paytm on Monday received approval of shareholders for the country's biggest public offer of Rs 16,600 crore, according to a source aware of the EGM outcome.
Zomato is the first IPO on Paytm Money launched with this feature, and thousands of applicants on the platform have already placed their orders.
Paytm Money has designed the Pre-IPO Open application feature to target young investors. It will give a push to the participation of retail investors.
Alipay representative Jing Xiandong, Ant Financial’s Guoming Cheng, and Alibaba representatives Michael Yuen Jen Yao (U.S. citizen) and Ting Hong Kenny Ho have ceased to be directors of the company, as per the regulatory document.
Paytm is expected to seek shareholders' approval to raise up to Rs 16,600 crore through an initial share sale.
Digital payments firm Paytm is expected to seek shareholders' approval to raise up to Rs 16,600 crore through an initial share sale, giving it a valuation of over Rs 1.78 lakh crore, according to a source.
People above 18 years of age can register themselves for coronavirus vaccination through CoWIN, Aarogya Setu, and other third-party apps like Paytm. Here's how users can get themselves registered for the COVID-19 vaccine
Paytm on Monday said its users will now be able to book vaccination appointment on the app apart from finding available slots.
PayTM Payments Bank is now allowing customers to open Fixed Deposit accounts. One can get an FD in Paytm Payments Bank with an investment of as little as Rs 100.
Digital payments and financial services firm Paytm has received in-principle approval from the company's board to raise around Rs 22,000 crore through an initial public offer during the October-December quarter this year, according to an industry source.
Digital payments giant Paytm is planning to come out with an initial public offer worth USD 3 billion later this year, according to sources.
Paytm COVID-19 vaccine finder tool basically allows users to check slot availability at nearby vaccination centers using their iPhone or Android smartphone.
Paytm's new COVID-19 vaccine finder tool will allow users to check slot availability at nearby vaccination centers using their iPhone or Android smartphone.
The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App.
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