From an ineligible bachelor to a billionaire: Read the inspiring story of Paytm founder Vijay Shekhar Sharma - At 27, Vijay Shekhar Sharma had not tasted success much with earning just a modest salary of Rs 10,000 a month. And this made him ineligible bachelor.
Recent research by the online business publication, Moneycontrol revealed that at an issue price of Rs 2,150 per share, mutual funds invested a total of Rs 1,050 crore.
The Vijay Shekhar Sharma-led firm has raised Rs 8,235 crore from anchor investors on November 3. Blackrock, CPPIB, Birla MF, GIC and other blue-chip funds participated in the anchor fund-raising round leading to 10 times oversubscription of shares.