Earlier this month, Paytm's board had given an in-principle approval to raise around Rs 22,000 crore through its IPO. : Earlier this month, Paytm's board had given an in-principle approval to raise around Rs 22,000 crore through its IPO One97 Communications, the parent company of Paytm has roped in some of the most influential investment bankers for its proposed initial public offering (IPO). JP Morgan, Morgan Stanley, Goldman Sachs and ICICI Securities are likely to lead the issue, touted to be the largest IPO in the financial sector.