lovebet esports predictions -lovebet 6 folds

lovebet esports predictions

lovebet esports predictions

time:2022-06-26 09:07:30 lovebet esports predictions Views:4591

lovebet owner name lovebet esports predictions .Paytm IPO date to be announced soon, set for mega debut

paytm ipo date

Paytm IPO date to be announced soon, set for mega debut 

Paytm IPO Date: Paytm, a digital payments and financial services firm, is all set to debut on the Indian bourses. The company has already filed a draft red herring prospectus for its proposed Rs 16,600 crore-IPO with the Securities and Exchange Board of India (SEBI).

Paytm IPO will be the largest since the 2010 issue by state-owned Coal India. It will raise Rs 8,300 crore through fresh equity and another Rs 8,300 crore through offer-for-sale. Paytm’s large investors include China’s Alibaba and Ant Financial which own a combined 36.8 per cent stake. It is followed by SoftBank Vision Fund which owns 19.6 per cent. Saif Partners owns 17.2 per cent stake in the company. Paytm founder Vijay Shekhar Sharma will sell a portion of the 14.6 per cent stake he owns.

Paytm has filed a draft prospectus with SEBI and will announce the IPO date once it receives the nod from the market regulator. 

According to the company document, investors selling stake include Antfin (Netherlands) Holding BV (which has a 29.6 per cent stake), Alibaba.Com Singapore E-Commerce Private Ltd (7.2 per cent) and Elevation Capital V FII Holdings Ltd (0.7 per cent). Moreover, Elevation Capital V Ltd (which has a 0.6 per cent stake), SAIF III Mauritius Company Ltd (12.1 per cent), SAIF Partners India IV Ltd (5.1 per cent), SVF Panther (Cayman) Ltd (1.3 per cent) and BH International Holdings (2.8 per cent) will also sell stake.

Tata group chairman-emeritus Ratan Tata owns 75,000 shares through RNT Associates in the company which translates into around 0.5 per cent stake.

Paytm has proposed to use Rs 4,300 crore for growing and strengthening Paytm ecosystem, including through acquisition of consumers and merchants and providing them with greater access to technology and financial services. It also has plans to earmark Rs 2,000 crore for business initiatives, acquisitions and strategic partnerships and up to 25 per cent of the total fund raised through the IPO for general corporate purposes.

Latest Business News

expand full text
related article
lovebetgh apk

RR vs PBKS Dream 11 for IPL 2022 Match: Dream 11, Fantasy Cricket Playing Tips and Probable Playing XI of the 52nd match of IPL 2022 between Rajasthan and Punjab

happy farmer matina

Canadian PM Justin Trudeau had plans to enact tougher gun laws but the introduction of the new measure comes after mass shootings in Uvalde, Texas, and Buffalo, New York, this month.

Where to open a cash football account

Other groups include the Eastern Turkistan Islamic Movement (ETIM), Islamic Movement of Uzbekistan, Jaish-e-Mohammed, Jamaat Ansarullah, and the LeT, with each numbering in the few hundreds.

sports gk pdf

The BJP has named Droupadi Murmu, a tribal leader of the party from Odisha, as the ruling NDA's candidate for the presidential election.

slot machine lines explained

Khan addressed a rally of the 'Azadi March' on Thursday at the Jinnah Avenue, where he lashed out at the government for using “tactics” like raids and arrests to stop his party\u2019s march, even as he thanked the Supreme Court (SC) for taking notice of the matter.

related information
Hot info