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Paytm's Rs 18,300-cr Ipo Gets Subscribed 1.89 Times On Day 3 | Business Standard News

by business-standard.com posted 3weeks ago 31 views
As expected, QIBs placed their orders on the final day of the mega IPO. : Financial services firm Paytm’s initial public offering (IPO), worth Rs 18,300 crore, on Wednesday got fully subscribed on the third day of bidding. As per data available on the BSE, Paytm IPO has been subscribed 1.89 times so far, with the qualified institutional buyers (QIBs) tranche being subscribed 2.79 times. On the first day of Paytm’s IPO, it had secured the highest ever retail percentage subscription for IPOs with retail sizes in excess of Rs 1,000 crore.

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