Paytm gets Sebi approval for biggest Indian IPO in nearly a decade: Report
Paytm, India’s digital payments pioneer backed by SoftBank Group Corp., received approval from the markets regulator that clears the way for its planned $2.2 billion initial public offering.
The Securities and Exchange Board cleared the IPO, which will be India’s biggest so far, on Friday, according to people familiar with the matter. The company could list in Mumbai by mid-November, they added, asking not to be identified as the information isn’t public. Read more
Nykaa IPO opens Oct 28, price band at Rs 1,085-1,125 per share