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.