Paytm has reported the highest gross merchandise value of Rs 4.03 lakh crore in the payments industry. IPO-bound Paytm employees add 5.45 lakh more shares for monetisation Last week, Paytm gave time till September 22 to employees to convert their ESOPs into shares for monetisation in the. It is looking for a valuation of around Rs 1.47 lakh crore at the time of public listing. The company has a total paid-up capital of Rs 60,72,74,082, as of September 2021. Paytm is also facilitating loans of up to Rs 100 crore through its lending partners and will also bear the interest of these loans for six months so that employees can handle their finances better and yet become proud shareholders of the company. New Delhi Mumbai: IPO-bound digital payments company Paytm is in the final stages of negotiations to bring on board Swiss RE as a strategic partner in its insurance vertical ahead of its listing. IPO-bound payments company Paytm is looking to turn its payment aggregator business into a new subsidiary called Paytm Payments Services Limited as the deadline to adhere with the Reserve Bank of India’s payment aggregator rules inches closer. IPO-bound Paytm is expanding the employee stock ownership plan (ESOP) pool with 3. IPO-bound digital payments major Paytm has acquired a 100 stake in digital lending startup CreditMate for an undisclosed amount. Last week, Paytm gave time till September 22 to employees to convert their ESOPs into shares for monetisation in the upcoming IPO.įor ‘designated persons’ to sell or buy shares, the deadline is September 27, while for KMPs (Key Management Personnel) and selling shareholders, the date is September 22. New Delhi: Digital payments and monetary firm Paytm has received over five.45 hundred thousand shares from around twenty additional staff for proof in its. Digital payments and financial firm Paytm has received over 5.45 lakh shares from around 20 more employees for monetisation in its upcoming IPO.Īs per a regulatory filing by One97 Communications (OCL), about 20 more employees have converted their ESOPs into a total of 5,45,735 shares.Įarlier, 200 former and current employees had converted their ESOPs into shares, taking the total count of employees to around 220.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |