Paytm IPO subscribes 4%; retail portion booked 21%

Paytm

One97 Communications-owned Paytm has launched its initial public offering for subscription today. This is the largest-ever public issue in the history of Indian capital markets.

The initial public offering (IPO) of Paytm, the largest-ever public issue in the history of Indian capital markets had been subscribed 4 percent on November 8, the first day of bidding.

Investors have put in bids for 18,70,326 equity shares against the IPO size of 4,83,89,422 equity shares.

Retail investors had bought 21 percent of the shares set aside for them.

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