InvestorQ : Is it true that Paytm is planning the biggest IPO in India?
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Is it true that Paytm is planning the biggest IPO in India?

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Juvina Maggie answered.
4 months ago
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There have been few digital names in India that have become as much of household name in India as Paytm. Now Paytm is planning a Rs.21,800 crore mega IPO, which will be the biggest IPO ever in history of Indian capital markets. The $3 billion IPO is planned towards the end of the year and the company is yet to file the DRHP with SEBI. Paytm is backed by marquee names like Softbank, Ant Financial and Berkshire Hathaway.

Paytm could be tentatively targeting overall valuation of close to $25 billion to $30 billion, which would make it twice as valuable as Byju’s, which has been closing in on Paytm in terms of valuation. Till date, the largest IPO in Indian capital markets has been Coal India, which raised Rs.15,000 crore more than 10 years back. Of course, we are not counting the LIC IPO, which could be almost five times this size.

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