Paytm raises ₹8235 crores from 122 Anchor Investors

One97 Communications Private Limited, the operator of Paytm, received Rs 8235 crore from anchor investors on Wednesday, November 03, 2021, just before the IPO. The Paytm initial public offering (IPO) is set to begin on Monday, November 8th. At a price band of 2150, the company allocated a total of 38,302,326 equity shares to 122 anchor investors. 4 Mutual Funds through a total of 18 schemes make up the anchor investor list. The company plans to raise 18,300 crores through an initial public offering (IPO).