Paytm's IPO Subscribed 1.89 Times On Final Day

INSUBCONTINENT EXCLUSIVE:
Paytm's IPO was subscribed 1.89 times on last dayPaytm's initial public offer (IPO) got subscribed 1.89 times on Wednesday, the final
day of its subscription, according to data provided by Bombay Stock Exchange (BSE).The issue which had been subscribed 48 per cent on the
second day of subscription, got fully subscribed by Wednesday afternoon.Paytm IPO, which is the biggest in the country worth Rs 18,300
crore, received bids for over 9.14 crore shares against the total issue size of nearly 4.84 crore (4,83,89,422) shares, the BSE data
crore and an offer for sale (OFS) worth Rs 10,000 crore by existing shareholders.It had opened for subscription on Monday, November 8,
Prior to heading into the IPO, One97 Communications, Paytm's parent company, had raised Rs 8,235 crore, which was 45 per cent of the total