
Industrial & Financial Services · NSE / BSE
Incorporated in 2000, One 97 Communications Ltd is India’s leading digital ecosystem for consumers and merchants, serving over 333 million clients and 21 million registered merchants as of March 31, 2021. The company launched the Paytm App in 2009, India’s first digital mobile payment platform, which has grown into the country’s largest payment platform and most valuable payments brand, valued at US$6.3 billion. The app allows customers to make cashless payments, transfer money, pay bills, access banking, buy tickets, insurance, and investments, while merchants can use it for online payments, advertising, product sales, and loyalty programs.
Price Band
₹2080 – ₹2150
Issue Size
₹18300 Cr
Lot Size
6 shares
GMP
-1.4%
Est. Listing
₹2120
at current GMP
Subscribed
—
Open
8 Nov 2021
Close
10 Nov 2021
Allotment
15 Nov 2021
Refund
16 Nov 2021
Demat Credit
17 Nov 2021
Listing
18 Nov 2021
Designated Registrar: Link Intime India Private Limited
Allotment Date
15 Nov 2021
Basis finalization
Refunds Initiate
16 Nov 2021
Mandate release
Demat Credit
17 Nov 2021
Shares in demat
Listing Debut
18 Nov 2021
Trading begins
One 97 Communications Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹18,300 Crores. The shares are offered at a price band of ₹2080 to ₹2150 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6 shares (approx. ₹12,900 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-11-17, while un-allotted funds or UPI block mandates will be released on 2021-11-16.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.