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Paytm gets SEBI's nod for Rs 16,600 Cr IPO
source link: https://nextbigwhat.com/paytm-gets-sebis-nod-for-rs-16600-cr-ipo/
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Paytm gets SEBI’s nod for Rs 16,600 Cr IPO
- While Rs 8,300 crore will be primary share sale, Rs 8,300 crore will be an offer for sale, where existing investors can sell their shares.
- The company had clocked revenue of Rs 3,186 crore for FY 20-21 vs Rs 3,540 crore in the previous year.
- It narrowed losses to Rs 1,701 crore during the same period from Rs 2,942 crore in the previous year.
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