![]() ![]() ![]() The country's biggest IPO was subscribed 1.89 times with institutional buyers including FIIs flooding the share sale with offers seeking 2.79 times the number of shares reserved for them. Based on the bid received for Paytm's ₹18,300 crore initial public offer (IPO), the company will list an enterprise valuation of ₹1,49,428 crore or slightly over USD 20 billion at an exchange rate of 74.35.
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