The parent company of Paytm, One 97 Communications, disappointed IPO investors as the unicorn's stock got listed today(18th Nov.2021) at Rs 1,950 on NSE, a discount of 9.3 percent over its price of Rs 2,150. At BSE, the stock got listed at Rs 1,955.
The mega share sale of Paytm was the largest ever initial stake sale by any domestic company via the primary route. The company raised as much as Rs 18,300 through its IPO.
The initial stake sale of One97 Communications was open for subscription between November 8-10. The company sold its shares in the range of Rs 2,080-2,150.
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