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Companies & Markets Sector Reports

Paytm disbursed 1.4 million loans in the fourth quarter of financial year 2020-21, almost 53 times higher than the number of loans (26,000) disbursed during the same period the previous year.

Inflow Of FDI In India Accentuates By 10% In FY21

Anisha Aditya

Economy India

India receives the highest ever foreign direct investment during the financial year 2020-21 at $ 81.72 billion, as an impact of PLI schemes in various sectors, accelerated digitalization and the varied market of the country

Ant-backed Paytm Targets $2.2 Bn Indian IPO In Booming E-payment Market

The offering, which values the company at up to $25 billion according to sources, comes at a time of a pandemic-fuelled boom in India's digital economy and an intensifying battle for market share with Alphabet Inc's Google Pay and Facebook Inc-owned WhatsApp Pay.

Paytm Files DRHP for Rs 16,600 Cr IPO

Ruchit Purohit

With an offer value of Rs 16,600 crore, this will be India's biggest public offering till date. Previously, Coal India raised Rs 15,200 crore in Oct'10 and was the biggest IPO ever in the country.

Zomato Gives Paytm Money Route To Apply For IPO

To make the purchase smooth and easy for investors, Paytm Money launched a feature that will allow users to apply for IPOs such as Zomato in just a few clicks.

"IPOs of Policybazaar, Zomato, Paytm Look Interesting": Deven Choksey

Ruchit Purohit

The buoyant secondary market and availability of money with the investors has primarily led to the spurt in the primary markets lately. With companies like Zomato, Paytm, LIC, and others going public soon, the IPO market is going to turn historic this year Deven Choksey, Managing Director, KR Choksey Investment Managers tells Ruchit Purohit of BW Businessworld.

Chinese Nationals Step Down From Paytm Board Ahead Of Planned IPO; No Change In Shareholding

Paytm is expected to seek shareholders' approval on July 12, to raise up to Rs 16,600 crore through its initial share sale, giving it a valuation of over Rs 1.78 lakh crore, a source said.

Paytm To File Draft Prospectus Next Week For $2.3 Bn IPO: Sources

The money will be raised via sale of new Paytm stock as well as a secondary offering of shares at an expected valuation of $24 billion to $25 billion with an option to raise the amount at a later stage if required, the sources said, declining to be named as the matter is not public.

The IPO Bandwagon

Ashish Sinha

The frenzied rush by companies to go public since the start of the year, along with marquee names like GoFirst, Zomato, Nuvoco Vistas, Paytm and LIC that are waiting in the wings, could well make FY22 a historic year for IPOs

Paytm Extends Deadline For Shareholders To Submit Documents For Share Sale To Jun 30

Companies & Markets Sector Reports

Paytm has plans to raise up to Rs 12,000 crore by issuing fresh equity for which it will seek shareholder's nod in an Extraordinary General Meeting (EGM) on July 12.

A Completely Digital Investment Experience

Paytm Money is a SEBI registered investment advisor that aims to grow the community of investors in stocks, ETFs, etc.

Paytm Begins COVID-19 Vaccination Drive For 8,000 Frontline Field Service Staffers

15 mobile ventilators have been handed over to the district administration in Raigad and Nashik and another 15 ventilators are being shipped to three jumbo centres in Mumbai.

Paytm Foundation Donates Oxygen Generation Plant, 100 Concentrators To Gujarat

Of those 100 concentrators, 25 will be given to the main civil hospital here, 15 to Gandhinagar civil and 20 each to civil hospitals of Vadodara, Rajkot and Surat, Devvrat told reporters during a virtual press conference on Tuesday.

Paytm To Make Available 21,000 Oxygen Concentrators From May 1st Week