Paytm IPO to open on November 8: Here’s price band, lot size and more

Paytm IPO: The Rs 18,300 crore initial public offering (IPO) of One97 Communications, the parent entity of digital payments firm Paytm, will open on Monday, November 8, 2021, and will be available for subscription till Wednesday, November 10, 2021.

The price band of the IPO has been fixed at Rs 2,080-2,150 per share of the face value of Rs 1 each. Last week, the company had received a go-ahead from markets regulator Sebi.

The digital payments giant aims to raise Rs 18,300 crore through the offer. The company has increased its IPO size by Rs 1,700 crore from the earlier Rs 16,600 crore, with the increment coming entirely from the existing shareholders selling more stake.