Page 20 - Paytm

Top headlines: Oct retail inflation up marginally; Hindalco Q2 net surges

Business Standard brings you the top stories from today

Paytm's mega $2.5-billion IPO to mint 350 new millionaires in India

About 350 current and ex-employees will each have a net worth of at least Rs 1 crore after Paytm's $2.5 billion IPO, a source in the company told Reuters

Paytm founder says surge in valuations for Indian startups is here to stay

Indian startups are not overpriced and "many are underestimating what India's opportunity will be," Vijay Shekhar Sharma, founder and Chief Executive Officer of Paytm said

Paytm fixes offer price of Rs 2,150 apiece for its initial share-sale

The shares of Paytm are expected to list on bourses on November 18

Chennai rains LIVE: Flight arrivals resume at airport, red alert withdrawn

Latest Live news: Paytm's IPO, India's largest, is oversubscribed although investors showed less enthusiasm than for some other tech firms' offerings.

Paytm's Rs 18,300-crore IPO muted at 1.9 times subscription on Day 3

Market experts said domestic investors shunned the IPO as a high-risk bet

Paytm finds buyers, but no blow-out demand in India's largest IPO

Institutional investors bid for 2.79 times the shares reserved for them, while retail investors bid for 1.66 times

Top headlines: Paytm IPO subscribed 1.89 times; Nykaa makes stellar debut

Business Standard brings you the top stories from today

Sensex dips 80pts, Nifty holds 18K; Nykaa ends 96% higher over issue price

Debutant Nykaa almost doubled from its issue price of Rs 1,125 at the day's high of Rs 2,248, and finally ended with a 96 per cent premium over its issue price

Paytm IPO, India's largest, crawls towards full subscription on Day 3

Institutional investors bid for 1.88 times the shares reserved for them, while retail investors subscribed for 1.5 times the shares on offer

Paytm's Rs 18,300 cr IPO fully subscribed with boost from FIIs

Foreign institutional investors (FIIs) sought 4.17 crore shares as against 2.63 crore shares reserved for QIBs.

Paytm IPO, India's largest, subscribed 67% by Wednesday noon

Paytm's offer of 48.3 million shares had received 3.3 million bids by 01: 00 PM GMT, according to stock exchange data

Paytm IPO half covered on Day-2 on interest from retail investors

The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers

Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold

Business Standard brings you the top stories from today

Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results

Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent

Paytm: India's largest-ever IPO seen as a 'high-risk bet' for investors

'Nothing is really going to happen (for Paytm stock) in short-term. I would say demand will come through but maybe not a big listing pop,' says Rakhi Prasad, an investment manager with Alder Capital

Paytm can grow its value going forward, says Softbank's Masayoshi Son

While Paytm is seeking a valuation of around $20 bn, it is much lower than the rumoured expectation of $25-30 bn

Paytm vs Sapphire Foods: Which IPO is better for listing gains?

The parent firm of Paytm has launched India's biggest IPO. And the owner of Pizza Hut and KFC is opening its IPO today. Both these companies are loss-making. So, what should investors do?

TMS, Ep 38: Diwali for theatres, satellite broadband, Paytm-Sapphire IPOs

Does Diwali glitter mean turnaround for the Indian film industry? Will satellite broadband bridge India's digital divide? What is digital gold, and should you invest in it? Get all the answers here

Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1

Some brokerages like Marwadi Financial Services have sounded caution