The broader markets also logged decent gains. The BSE Midcap and Smallcap indices jumped 1.3 per cent and 0.9 per cent, respectively.
Many are hoping that the shares will do well going ahead due to the relatively attractive valuations
This comes after five companies successfully concluded their public offerings (IPOs) this week.
Paytm has signed up BlackRock and CPPIB together with the sovereign wealth funds of Singapore and Abu Dhabi as anchor investors for next week's Rs 18,300 crore ($2.46 billion) IPO
Paytm would consider Bitcoin offerings if Indian authorities removed regulatory uncertainty surrounding the adoption of cryptocurrencies.
BlackRock Global Funds, Canada Pension Plan Investment Board and Abu Dhabi Investment Authority were among the investors
At the top end of the price band, Paytm will be valued at Rs 1.39 trillion, making it 36th most valued listed firm in the country
India's digital transactions are expected by PricewaterhouseCoopers to touch $3 trillion by March 2025 from more than $1.3 trillion now
This anchor round will be the largest India has ever seen, say insiders
The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers
After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent and PolicyBazaar parent lining up IPOs in Nov to raise over Rs 27,000 crore collectively
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Paytm plans to have "100 per cent flexible" working for its employees "for good", according to Sharma
In conversation with Deepsekhar Choudhury and Neha Alawadhi, Sharma speaks about his journey and the road ahead
Paytm plans to raise Rs 18,300 crore from the IPO
"Our life is going to become QSQT now or quarter se quarter tak (from one quarter to next)," says Vijay Shekhar Sharma.
Softbank was not part of investors selling stake in the disclosure made by the company in its IPO draft paper
Paytm's IPO will be the largest market debut in India yet. It increased its IPO issue size from the earlier Rs 16,600 crore due to increased investor demand
Paytm Insuretech plans to leverage Paytm's customer base and merchant ecosystem to develop innovative insurance products and solutions
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