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Loss-making Paytm's IPO will be a test case for new generation companies

Will Indian investors, like their brethren in the US, be patient enough to give such companies a long rope in the hope of stellar gains in the future? 

June 02, 2021 / 09:30 IST
The board of One97 Communications, the parent firm of Paytm, is planning to go public in what is touted to be one of the country's largest initial public offerings (IPO). Paytm's $3-billion IPO (around Rs 21,745 crore taking USD/INR value at Rs 72.48) is likely to be slated for Diwali (October-December) and the company is targeting a valuation of over $25 billion, CNBC-TV18 has reported. So far, the biggest IPO that India has seen was Coal India's Rs 15,475-crore issue, which was listed in November 2010. Here are the top 10 IPOs in India's history. (Data Source: ACE Equity)
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