Paytm IPO: Grey market premium, issue size and all other important details

Paytm, India's leading digital payments platform, is going to launch the country's biggest public offering on the anniversary of Demonetisation, i.e. November 8. It adds to the latest trend of listing of loss-making startups in India. Catch the details of the IPO below:

Also watch/read: Paytm IPO: Investors ask subscribe karoo?

• IPO Date: November 8 to 10
• Price Band: Rs 2,080 to Rs 2,150
• Lot Size: 6 shares
• Min. Investment: 12,480/lot
• Listing Date: November 18
• Grey Market Premium: Rs 150

About the company

Paytm has a strong brand identity with a brand value of $6.3 billion. As of March 31, 2021, the fintech company has a large customer base with 333 million total customers, 114 million annual transacting users, and 21 million registered merchants. Also, there are some risks associated with the investment that the company highlighted in its draft papers, click here to know them.