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Paytm could pip Coal India in largest market debut ever
Paytm plans to make its market debut in India around November this year. The IPO will include a mix of new and existing shares to meet regulatory obligations in India
BusinessToday.In | May 27, 2021 | Updated 16:16 IST
The share sale could surpass the Coal India IPO , India s largest IPO till date, through which the state-owned mining company raised more than Rs 15,000 crore in 2010.
Paytm, the leading payments company led by Vijay Shekhar Sharma, plans to raise about Rs 21,800 crore though an initial public offer (IPO) this year.
This could be the largest market debut ever for an Indian company. The share sale could surpass the Coal India IPO , India s largest IPO till date, through which the state-owned mining company raised more than Rs 15,000 crore in 2010.
Paytm to apply for New Umbrella Entity in consortium with Ola
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. Updated: 09 Mar 2021, 09:38 PM IST PTI We ve been saying that payments have become mainstream, and it is important for us to create more payment options and opportunities for consumers and businesses alike, says Paytm founder and Chief Executive Officer Vijay Shekhar Sharma
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New Delhi: Paytm on Tuesday said it is applying for NUE (New Umbrella Entity) in a consortium with players including ride hailing platform Ola, as part of its efforts to develop more innovative and inclusive digital payments solutions for the Indian population.