Page 11 - Paytm
Paytm IPO half covered on Day-2 on interest from retail investors
The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers
 "Paytm IPO half covered on Day-2 on interest from retail investors")
Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold
Business Standard brings you the top stories from today
 "Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold")
Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results
Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent
 "Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results")
Paytm: India's largest-ever IPO seen as a 'high-risk bet' for investors
'Nothing is really going to happen (for Paytm stock) in short-term. I would say demand will come through but maybe not a big listing pop,' says Rakhi Prasad, an investment manager with Alder Capital
Paytm can grow its value going forward, says Softbank's Masayoshi Son
While Paytm is seeking a valuation of around $20 bn, it is much lower than the rumoured expectation of $25-30 bn
 "Paytm can grow its value going forward, says Softbank's Masayoshi Son")
Paytm vs Sapphire Foods: Which IPO is better for listing gains?
The parent firm of Paytm has launched India's biggest IPO. And the owner of Pizza Hut and KFC is opening its IPO today. Both these companies are loss-making. So, what should investors do?
 "Paytm vs Sapphire Foods: Which IPO is better for listing gains?")
TMS, Ep 38: Diwali for theatres, satellite broadband, Paytm-Sapphire IPOs
Does Diwali glitter mean turnaround for the Indian film industry? Will satellite broadband bridge India's digital divide? What is digital gold, and should you invest in it? Get all the answers here
 "TMS, Ep 38: Diwali for theatres, satellite broadband, Paytm-Sapphire IPOs")
Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1
Some brokerages like Marwadi Financial Services have sounded caution
 "Paytm's Rs 18,300 crore IPO subscribed 18% on Day-1")
Sensex gains 478pts, Nifty 152pts, ends atop 18,000; IndusInd Bk slips 10%
The broader markets also logged decent gains. The BSE Midcap and Smallcap indices jumped 1.3 per cent and 0.9 per cent, respectively.
 "Sensex gains 478pts, Nifty 152pts, ends atop 18,000; IndusInd Bk slips 10%")
Street signs: Fuel-sensitive stocks, Paytm's Rs 18,300-crore IPO, and more
Many are hoping that the shares will do well going ahead due to the relatively attractive valuations
 "Street signs: Fuel-sensitive stocks, Paytm's Rs 18,300-crore IPO, and more")
IPO rush continues; Paytm, 2 other public issues to open next week
This comes after five companies successfully concluded their public offerings (IPOs) this week.
 "IPO rush continues; Paytm, 2 other public issues to open next week")
Where do the likes of Blackrock, CPPIB see value in India's biggest IPO
Paytm has signed up BlackRock and CPPIB together with the sovereign wealth funds of Singapore and Abu Dhabi as anchor investors for next week's Rs 18,300 crore ($2.46 billion) IPO
 "Where do the likes of Blackrock, CPPIB see value in India's biggest IPO")
Paytm may consider Bitcoin offerings if India legalises crypto: Report
Paytm would consider Bitcoin offerings if Indian authorities removed regulatory uncertainty surrounding the adoption of cryptocurrencies.
 "Paytm may consider Bitcoin offerings if India legalises crypto: Report")
Fintech firm Paytm signs up over 100 institutional investors for IPO
BlackRock Global Funds, Canada Pension Plan Investment Board and Abu Dhabi Investment Authority were among the investors
IPO-bound Paytm allots Rs 8.2k-cr worth shares to anchor investors
At the top end of the price band, Paytm will be valued at Rs 1.39 trillion, making it 36th most valued listed firm in the country
 "IPO-bound Paytm allots Rs 8.2k-cr worth shares to anchor investors")
Warren Buffett, Goldman Sachs win from fintech gold rush in India
India's digital transactions are expected by PricewaterhouseCoopers to touch $3 trillion by March 2025 from more than $1.3 trillion now
Paytm to raise about Rs 8,250 crore from anchor investors
This anchor round will be the largest India has ever seen, say insiders
Super app war: Adani, Tata and Reliance Industries go on acquisition spree
The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers
 "Super app war: Adani, Tata and Reliance Industries go on acquisition spree")
Five IPOs to hit mkt in first half of Nov; seek to raise over Rs 27,000 cr
After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent and PolicyBazaar parent lining up IPOs in Nov to raise over Rs 27,000 crore collectively
Top headlines: Private banks' Q2 profit soars, FB changes name to Meta
Business Standard brings the top headlines at this hour.
 "Top headlines: Private banks' Q2 profit soars, FB changes name to Meta")
