Paytm IPO Price: At least how many shares will be available, how much price, gray market condition?
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The IPO of the parent company One97 Communication is opening on Monday 8 November. The IPO will be open for three days. You can subscribe for Paytm's issue till November 10.
Paytm is looking to raise Rs crore through itsissue.However, crore through its IPO (which is relatively likely), it'll come India's biggest IPO ever, If Paytm manages to raise Rs 18. Before this record was in the name of Coal India, Coal India had raised Rs crore through its IPO.
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The company will issue fresh shares worth Rs crore for the IPO. At the same time, the being shareholders of the company will vend their shares for the remaining crores.
PayTM IPO Price
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The price band of the IPO is ₹-₹ per equity share. You can apply for a minimal lot size of 6 equity shares. This means if you calculate from the upper price band (Rs 2150), also you'll have to spend a minimum of ₹ to take the issue.
Piecemeal from Paytm, the IPO of KFC and Pizza Hut driver Sapphire Foods is also coming up this week.
Paytm's IPO could be a blockbuster for the primary request and it's going to be the biggest IPO in the country after Coal India and Reliance Power", says Gaurav Garg of Capitalvia Global Research."I would recommend to go for Paytm Because I anticipate good table profit in Paytm as compared to IPO of Sapphire Foods.
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