The ED had visited premises of the company and some other fintech firms in September 2022 for money laundering investigations against some of the me
In the calendar year 2023, there has been a 26% increase in the stock of Paytm.
SEBI propose an increase in the lock-in for anchor investors in startup IPOs to 90 days as it will provide more confidence to other investors.
The price band of the issue has been fixed at Rs 2,080-2,150 per share with a face value of Rs 1 per share.
So far in 2021, as many as 41 companies have floated their IPOs to raise Rs 66,915 crore
Paytm IPO opens on November 08 and closes on November 10. The fintech has fixed the price band at Rs 2,080-2,150.
The report says its board may meet on May 28 to formally approve the IPO