IPO Wrap: Paytm IPO subscribed 1.89 times on final day led by QIBs and retail investors

Paytm IPO subscription status: The initial public offering (IPO) of One 97 Communications – the parent entity of digital payments firm Paytm, which was launched earlier this week got subscribed 1.89 times on the final day, according to the data available on the BSE.

The issue which was subscribed only 48 per cent by the end of the second day got fully subscribed by afternoon on the final day.

The country’s largest IPO worth a whopping Rs 18,300 crore received bids for over 9.14 crore (9,14,09,844) shares against the total issue size of nearly 4.84 crore (4,83,89,422) shares, the data showed.