Paytm may skip pre-IPO share sale to fast-track listing

Paytm, backed by SoftBank, Berkshire Hathaway, and Jack Ma's Ant Group, plans to raise as much as $2.2 billion from its share sale, according to its draft prospectus

Premium

Photo: Shutterstock

Bengaluru

2 min read Last Updated : Oct 21 2021 | 11:38 PM IST

Fintech giant Paytm, which is headed for an initial public offering (IPO) at a valuation of $20-22 billion, is considering not going ahead with a pre-IPO share sale so as

Topics : IPO Paytm

First Published: Oct 21 2021 | 11:22 PM IST

Explore News

Stock Market Updates World Heart Day 2023 Asian Games 2023 Kabaddi schedule Latest News Live Asian Games LIVE updates India Cricket World Cup Squad Hookah Ban in Haryana Gold-Silver Price MCX Share Price Asian Games 2023 September 30 schedule

Companies News

Air India completes acquisition of its 1st A350 aircraft through GIFT City Jalan Kalrock Consortium infuses Rs 100 crore in cash-strapped Jet Airways

Sports News

Asian Games 2023 September 30 schedule: India event timings, streaming Asian Games Day 6 Highlights: Historic shot put medal push IND tally to 33

India News

Punjab farmers continue three-day 'rail roko' agitation over MSP demand War in Ukraine pushes India to obtain more self-propelled guns to arsenal

Economy News

Adani partnership remains steadfast: IHC on Adani units' stake sale Sugar market eyes restrictions from India after lower monsoon rains

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Continue

Paytm may skip pre-IPO share sale to fast-track listing

Paytm, backed by SoftBank, Berkshire Hathaway, and Jack Ma's Ant Group, plans to raise as much as $2.2 billion from its share sale, according to its draft prospectus

Also Read

Paytm's DRHP: User numbers to GMV growth, here're 10 things you can't miss

Several companies rush to file draft red herring prospectus with Sebi

NSE seeks Sebi's go-ahead for IPO amid mounting pressure from shareholders

Zomato names Chief People Officer Akriti Chopra as co-founder ahead of IPO

Solar company Waaree Energy files for IPO, plans Rs 1,350 cr fresh issue

Paytm mulls scrapping pre-IPO sale plan on valuation differences: Report

Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO

BS Number Wise: When Sebi tries to ensure you get a piece of that hot IPO

Hyderabad-based Penna Cement gets Sebi nod for Rs 1,550 crore IPO

Mandate creation through UPI dips in sync with muted IPO show in September

Explore News