Fidelity, Standard Life Aberdeen, UBS and US hedge fund Janus Henderson, which recently invested in PharmEasy and made an anchor investment in Nykaa, have also picked up shares. Aditya Birla Mutual Fund and other domestic mutual funds are also among the 122 funds who put bids in this round which was oversubscribed by around 10 times, people aware of the matter said.
BlackRock, CPPIB and GIC are among the top investors in Paytm’s anchor round who have together invested more than Rs 2,516 crore, according to Paytm’s filing to the BSE late Wednesday night.
Typically, large investors who are allotted shares at a fixed price ahead of a public offering play the role of anchors as well as indicators of the popularity of the IPO<\/a>. Paytm’s IPO is slated to open on November 8 and will close on November 10.
<\/b>
Biggest issue so far in India<\/strong>
ET had reported in its editions on October 7 and October 12 about the ongoing discussions between Paytm and some of the overseas investors cited above for a slot in the Noida-based company’s anchor investment round.
![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
Paytm, which had initially filed for a Rs 16,600 crore IPO in July, has increased the offer size by Rs 1,700 crore taking it to Rs 18,300 crore--the largest IPO in Indian corporate history. It has announced a price range of Rs 2,080 to Rs 2,150 for the IPO aiming at a valuation of $19.5-20 billion. With the close of the anchor investment, Paytm has now raised 45% of its total capital it intends to raise through the IPO.
Food delivery platform Zomato’s stellar IPO in July had set the stage for startups to tap the public markets. Now, Paytm’s listing is expected to mark an equally seminal moment for Indian startups looking to go public and attract further attention from global investors.
Last week, Paytm president and group CFO Madhur Deora told ET that the company was in talks with several marquee investors for the anchor round and that it is inclined to pick long-term investors with a track record. Paytm, though it is going public, will continue to chase growth but in an ‘efficient’ manner, he said.
Paytm's red herring prospectus (RHP) showed that its operational revenue during the June quarter of financial year 2022 has jumped over 61% to Rs 890 crore, compared to Rs 551 crore in the same period a year ago.
During the same period, its losses totalled Rs 382 crore compared to over Rs 284 crore in the same period a year ago. Paytm’s revenue is being driven by payment and financial services, which now contribute around 77% of its total revenue, according to the filings.
Following the increase in Paytm’s IPO size, the offer for sale (OFS) component is Rs 10,000 crore while the rest is through fresh issuance of shares. Paytm founder Vijay Shekhar Sharma, top investors such as Japan’s SoftBank, China’s Ant Group and Alibaba as well as Elevation Capital are among the major investors diluting their holding in Paytm.
ET also reported last week that Sharma will use part of the OFS proceeds to finance his insurance deal of acquiring QBE Raheja, where Zurich-based Swiss Re is also picking up a 23% stake.
<\/body>","next_sibling":[{"msid":87519742,"title":"U.S. FCC approves Boeing bid to deploy satellites for broadband service","entity_type":"ARTICLE","link":"\/news\/u-s-fcc-approves-boeing-bid-to-deploy-satellites-for-broadband-service\/87519742","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"87514714","title":"Paytm","entity_type":"IMAGES","seopath":"tech\/startups\/paytm-raises-rs-8235-crore-from-anchor-investors-as-part-of-largest-indian-ipo\/paytm","category_name":"Paytm raises over Rs 8,000 crore from anchor investors","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-45604\/87514714.cms?width=150&height=112","link":"\/image\/tech\/startups\/paytm-raises-rs-8235-crore-from-anchor-investors-as-part-of-largest-indian-ipo\/paytm\/87514714"}],"msid":87519812,"entity_type":"ARTICLE","title":"Paytm raises over Rs 8,000 crore from anchor investors","synopsis":"CPPIB, BlackRock, GIC, ADIA, Alkeon Capital among 122 investors to have picked up stake","titleseo":"telecomnews\/paytm-raises-over-rs-8000-crore-from-anchor-investors","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ETtech","artdate":"2021-11-04 08:09:51","lastupd":"2021-11-04 08:13:01","breadcrumbTags":["paytm ipo","paytm","anchor investors","ipo","investors","GIC","Alkeon Capital","MVAS\/Apps"],"secinfo":{"seolocation":"telecomnews\/paytm-raises-over-rs-8000-crore-from-anchor-investors"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-11-04" data-index="article_1">
Paytm提出了从8235卢比锚定投资者作为首次公开发行(ipo)的一部分,18300卢比。主权财富基金和金融投资者如新加坡的新加坡政府投资公司加拿大由于其,贝莱德Alkeon资本,阿布扎比投资局(Abu Dhabi Investment Authority)都拿起股份fintech主要的母公司One97通信的锚槽。
忠诚,标准人寿阿伯丁,瑞银和美国对冲基金Janus亨德森,最近投资于PharmEasy和锚Nykaa投资,也捡起了股票。Aditya Birla共同基金和其他国内共同基金也在122年的基金将在这一轮投标由约10倍的超额认购,人们意识到说。
贝莱德,由于和新加坡政府投资公司等投资者Paytm锚轮一起投资超过2516卢比,据Paytm BSE周三晚间提交。
通常情况下,大型投资者以固定价格分配股票公开发行前扮演主持人的角色以及指标的受欢迎程度首次公开募股。Paytm的IPO将开放在11月8日和11月10日将关闭。
在印度迄今为止最大的问题
等报告版本10月7日和10月12日关于Paytm之间正在进行的讨论和上面所提到的一些海外投资者槽Noida-based公司的固定投资。
Paytm,最初申请7月16600卢比的IPO,增加了提供的大小通过1700卢比到18300卢比——印度公司历史上最大的IPO。他们宣布了Rs 2080到2150卢比的价格区间IPO针对-200亿年19.5美元的估值。密切的固定投资,Paytm已经提高了其资本总额的45%,计划通过IPO筹集。
食品交付平台Zomato恒星的IPO在7月为初创公司利用公开市场。现在Paytm清单预计同样标志着一个开创性的时刻对印度企业寻求上市,吸引全球投资者的进一步关注。
上周,Paytm总裁和集团首席财务官玛Deora告诉ET,公司正在与几个选框投资者锚轮,倾向于选择记录的长期投资者。Paytm,尽管它是上市,将继续追逐增长但是在一个“有效”的方式,他说。
Paytm红鲱鱼的招股说明书(右投手)显示,其运营收入在2022年6月季度的财政年度增长61%至890卢比,相比一年前同期的551卢比。
在同一时期,亏损总额相比382卢比到284卢比一年前同期。Paytm的收入受到付款和金融服务,现在贡献其总收入的77%左右,根据申请。
Paytm的IPO规模的增加后,标价出售(OFS)组件是10000卢比,其余的则是通过新发行的股票。Paytm Vijay Shekhar Sharma创始人,前日本的软银等投资者,中国蚂蚁集团和阿里巴巴以及海拔高度资本主要投资者稀释在Paytm控股。
等还上周报道,Sharma将使用OFS所得资助他的保险协议的一部分收购QBE Raheja,总部位于苏黎世的瑞士再保险在哪里也捡一个23%的股份。
忠诚,标准人寿阿伯丁,瑞银和美国对冲基金Janus亨德森,最近投资于PharmEasy和锚Nykaa投资,也捡起了股票。Aditya Birla共同基金和其他国内共同基金也在122年的基金将在这一轮投标由约10倍的超额认购,人们意识到说。
贝莱德,由于和新加坡政府投资公司等投资者Paytm锚轮一起投资超过2516卢比,据Paytm BSE周三晚间提交。
通常情况下,大型投资者以固定价格分配股票公开发行前扮演主持人的角色以及指标的受欢迎程度首次公开募股。Paytm的IPO将开放在11月8日和11月10日将关闭。
在印度迄今为止最大的问题
等报告版本10月7日和10月12日关于Paytm之间正在进行的讨论和上面所提到的一些海外投资者槽Noida-based公司的固定投资。
Paytm,最初申请7月16600卢比的IPO,增加了提供的大小通过1700卢比到18300卢比——印度公司历史上最大的IPO。他们宣布了Rs 2080到2150卢比的价格区间IPO针对-200亿年19.5美元的估值。密切的固定投资,Paytm已经提高了其资本总额的45%,计划通过IPO筹集。
食品交付平台Zomato恒星的IPO在7月为初创公司利用公开市场。现在Paytm清单预计同样标志着一个开创性的时刻对印度企业寻求上市,吸引全球投资者的进一步关注。
上周,Paytm总裁和集团首席财务官玛Deora告诉ET,公司正在与几个选框投资者锚轮,倾向于选择记录的长期投资者。Paytm,尽管它是上市,将继续追逐增长但是在一个“有效”的方式,他说。
Paytm红鲱鱼的招股说明书(右投手)显示,其运营收入在2022年6月季度的财政年度增长61%至890卢比,相比一年前同期的551卢比。
在同一时期,亏损总额相比382卢比到284卢比一年前同期。Paytm的收入受到付款和金融服务,现在贡献其总收入的77%左右,根据申请。
Paytm的IPO规模的增加后,标价出售(OFS)组件是10000卢比,其余的则是通过新发行的股票。Paytm Vijay Shekhar Sharma创始人,前日本的软银等投资者,中国蚂蚁集团和阿里巴巴以及海拔高度资本主要投资者稀释在Paytm控股。
等还上周报道,Sharma将使用OFS所得资助他的保险协议的一部分收购QBE Raheja,总部位于苏黎世的瑞士再保险在哪里也捡一个23%的股份。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动