Paytm's ₹18,300 crore IPO fully subscribed
The Hindu
Paytm's ₹18,300-crore IPO was on Wednesday fully subscribed with FIIs flooding the issue with offers. The initial public offering of Paytm's parent company One97 Communications Ltd received bi
Paytm's ₹18,300-crore IPO was on Wednesday fully subscribed with FIIs flooding the issue with offers.
The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 5.24 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges.
Qualified institutional buyers (QIBs), who were less than enthusiastic in participating in the IPO in the initial two days, flooded the issue, seeking 1.59 times the shares reserved for them.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.