Paytm would allow users to apply for initial share sales which would significantly increase the participation of retail users in the IPO process
The grey market premium has almost halved to Rs 10.50 compared to Rs 18 when the company announced its IPO dates and price band.
In early deals, Sensex advanced 280 points or 0.53% to 52,665, while the Nifty 50 added 80 points or 0.52% at 15,770.
This week the markets would largely be impacted by earnings from IT majors, macro data, inflation and the new delta COVID variants
The three-day IPO received bids for 1,14,92,30,160 shares against 1,23,02,672 shares on offer, according to data available with the BSE
The company's IPO received bids for 83,33,04,538 shares against 81,23,594 shares on offer, as per data available with the BSE
Nifty Realty index led the sectoral pack rallying 2.38% as CLSA sees top developers doubling their sales in the next three to four years
In early deals, Sensex slipped 254 points or 0.48% to 52,314, while Nifty 50 was quoting at 15,662 down 65 points or 0.41% from its previous close
The Rs 963.28-crore IPO received bids for 4,67,44,067 shares as against 81,23,594 shares on offer, according to an update on the NSE
Investors can bid for a minimum of 195 shares and in multiples, thereafter, translating to a minimum bidding amount of Rs 14,820 at the higher band