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Paytm public offer oversubscribed

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New Delhi, November 10

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Paytm’s Rs 18,300-crore IPO was oversubscribed 1.89 times on the last day of India’s biggest share sale on Wednesday, making it one of the country’s most-valued companies.

The IPO of Paytm’s parent company One97 Communications Ltd received bids for 9.14 crore equity shares against the offer size of 4.83 crore shares, according to data of stock exchanges. — PTI

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