Paytm IPO subscribes 49% on final Day


The Rs 18,300-crore IPO had been subscribed 49 percent on November 10, the third and final day of bidding, receiving bids for 2.36 crore equity shares against offer size of 4.83 crore shares.

The portion set aside for retail investors was subscribed 1.24 times, while the reserved portion of non-institutional investors was subscribed 5 percent, and qualified institutional buyers have put in bids for 46 percent shares of the portion set aside for them.

News Source: Moneycontrol

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