Sep 24, 2021 08:51 AM IST
The Esops for Shekhar comes when the company is wrapping up the final number of shares that will become part of its proposed Rs 16,600 crore IPO.
- Aug 20, 2021 05:42 PM IST
With partial lifting of ban, HDFC Bank is back in the game as far as credit cards business is concerned. The audit of the bank’s IT systems is also complete and the matter should get fully resolved soon. The bank now embarks on its digital journey, driving the stock price upwards.
- Aug 20, 2021 11:28 AM IST
RBI’s order adversely impacted bank’s earnings in Q1 FY22
- Jul 28, 2021 09:38 AM IST
Paytm IPO: One97 Communications, Paytm's parent company, had recently filed its draft documents to raise Rs 16,600 crore via a public offering, which is expected to be India's largest IPO.
- Jul 26, 2021 11:06 PM IST
The company has proposed to use Rs 4,300 crore for growing and strengthening the Paytm ecosystem, including through acquisition of consumers and merchants and providing them with greater access to technology and financial services.
- Jul 21, 2021 08:58 AM IST
Shankar Sharma on Zomato IPO: Globally, if you look at Grubhub, which is a similar company to Zomato, that also didn't do well at all in the post-listing aftermarket. Typically overhyped IPOs don’t do too well in the aftermarket, and Burger King was a good example
- Jul 16, 2021 01:59 PM IST
Paytm IPO will be India's biggest public issue so far, a record that was previously held by Coal India, which raised over Rs 15,000 crore over a decade ago.
- Jul 16, 2021 11:00 AM IST
Paytm IPO: The company's move to file its Draft Red Herring Prospectus (DRHP) with Sebi comes days after its shareholders approved its plans to raise Rs 12,000 crore through a fresh issue of shares.
- Jun 30, 2021 02:45 PM IST
India’s entrepreneurial ecosystem is set to explode. Thanks to all the 'fuck you' money that will go into the system.
- Jun 18, 2021 08:17 PM IST
Approval for declassification of Vijay Shekar Sharma as the promoter is important but the stake held by Alibaba and Ant Group is also a matter which could be under Sebi’s lens for Paytm to be eligible for getting Professionally Managed Company (PMC) status.
- Jun 08, 2021 02:13 PM IST
Meet Vijay Shekhar Sharma, the poster boy of India’s home-grown Fintech industry, a darling of the Jack Mas and Warren Buffets of the world. Now, the Paytm chief's upcoming IPO has now become the talk of the town. Here’s a look back at his journey from humble beginnings to what is being touted as India’s largest IPO.
- Jun 07, 2021 09:50 PM IST
The proposed IPO is likely to have a combination of fresh issue of equity shares as well as an offer for sale of equity shares by existing shareholders of the company.
- Jun 03, 2021 05:42 PM IST
Liquidity of the investment is an important advantage of going public. But startups should only do an IPO when they are absolutely ready - ready for scrutiny and ready with a new playbook that includes hiring the right board and setting up communication channels with stakeholders.
- Jun 01, 2021 04:36 PM IST
Paytm received an in-principle approval from the company's board to raise around Rs 22,000 crore through an IPO during October-December. The digital payments and financial services firm is looking at an enterprise value of over Rs 2 lakh crore.
- May 28, 2021 04:34 PM IST
The board of One97 Communications, the parent firm of Paytm, is meeting on May 28 to give its go-ahead to a $3-billion IPO, the biggest in India's history.