Opportunity to make money from Paytm, country's largest IPO open for investment

Paytm IPO will be the biggest IPO ever in the country. Earlier, Coal India had brought IPO worth more than Rs 15,000 crore and Reliance Power Rs 11,000 crore in the market.

Opportunity to make money from Paytm, country's largest IPO open for investment

The IPO of One97 Communications Ltd, a fintech startup company that runs the digital payment company Paytm, has opened for investment today i.e. on November 8. This will be the biggest IPO in the country to date. The company is expecting to raise around Rs 18,300 crore from this.

Paytm's IPO will close for investment on November 10 and the company plans to list itself in the stock market on November 18. Paytm IPO will be the biggest IPO ever in the country. Earlier, Coal India had brought IPO worth more than Rs 15,000 crore and Reliance Power Rs 11,000 crore in the market.

Paytm IPO Price Band

The company has kept the price band for this IPO from Rs 2,080 to Rs 2,150 per share. According to the price band (Paytm IPO Price Band) and lot size, the retail investor will have to apply for at least 6 shares. According to the upper price band, investors will have to invest a minimum of Rs 12,900.

According to the rules, retail investment has to be applied for at least one lot. If you apply a lot in Paytm IPO, then you will have to invest Rs 12,900 for this. Paytm has decided to increase the size of its IPO to Rs 18,300 crore. Earlier it was Rs 16,600 crore.

who will sell how much stake

The company's founder Vijay Shekhar Sharma will sell his stake up to Rs 402.65 crore in the OFS of Paytm IPO. At the same time, existing investors of Paytm include Antfin (Netherlands) Holdings up to Rs 4,704.43 crore, Alibaba up to Rs 784.82 crore, Elevation Capital FII Holdings up to Rs 75.02 crore, Elevation Capital V Ltd up to Rs 64.04 crore, Saif III Mauritius up to Rs 1,327.65 crore, Saif Partners will sell up to Rs 563.63 crore, SVF Partners up to Rs 1,689.03 crore, and International Holdings up to Rs 301.77 crore.

Paytm IPO will be the biggest IPO ever in the country. Earlier, Coal India had brought IPO worth more than Rs 15,000 crore and Reliance Power Rs 11,000 crore in the market. Both the big IPOs that came earlier were from the energy sector. At the same time, the Paytm IPO will be an IPO of a complete technology sector company.

Significantly, IPOs are also an opportunity for ordinary investors to make money by investing in a company. Talking about the upcoming IPO this year, about 60 percent of the IPOs have benefited the investors.