Paytm likely to file draft prospectus next week for $2.3 billion IPO
The money will be raised via sale of new Paytm stock as well as a secondary offering of shares at an expected valuation of $24 billion to $25 billion with an option to raise the amount at a later stage if required, the sources said, declining to be named as the matter is not public.
Jul 05, 2021, 16:51 PM IST
Paytm board grants in-principle approval for around Rs 22,000 crore IPO
Paytm shareholders include Alibaba's Ant Group (29.71 percent), Softbank Vision Fund (19.63 percent), Saif Partners (18.56 percent), Vijay Shekhar Sharma (14.67 percent). AGH Holding, T Rowe Price and Discovery Capital, Berkshire Hathaway hold less than 10 percent stake in the company.
May 30, 2021, 23:10 PM IST
