Comments
Shares of One97 Communications Ltd., which runs the payments platform Paytm, will be listed on the stock exchanges on Thursday, after country's largest IPO successfully raised ₹18,300 crore. The issue was subscribed 1.89 times overall. Paytm allocated shares worth ₹8,235 crore to more than 100 anchor investors, including the Government of Singapore. The IPO was subscribed 1.66 times by retail investors and 2.79 times by QIBs. But, it saw only a muted response from HNIs, whose portion received just 24 per cent.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.