š Paytm files draft papers for IPO. The online payments platformĀ filed itsĀ draft red herring prospectus with SEBI for an initial public offering (IPO) to raise Rs 16,600 crore ā half through fresh equity and the other half through offer-for-sale.
ā”ļø Zomatoās IPO subscribed 38.25 times on final day. As per BSE data, the shares which are to be allocated for the qualified institutional buyers were subscribedĀ 51.79 times, while those of non-institutional investors were subscribedĀ 32.96 timesĀ and that of the retail individual investors were subscribedĀ 7.45 times.Ā
š¢ Oyo raises $600 million long-term funding. The company has closed a debt financing round of $660 million from global institutional investors but hasnāt yet made public their names.
Amanat Khullar is the Content and Editorial Manager atĀ ADIF.
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