Paytm gets SEBI’s nod for Rs 16,600 Cr IPO

  • While Rs 8,300 crore will be primary share sale, Rs 8,300 crore will be an offer for sale, where existing investors can sell their shares.
  • The company had clocked revenue of Rs 3,186 crore for FY 20-21 vs Rs 3,540 crore in the previous year.
  • It narrowed losses to Rs 1,701 crore during the same period from Rs 2,942 crore in the previous year.
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