Paytm IPO Fully Subscribed By Noon On Final Day

Paytm's Rs 18,300 crore share sale via initial public offering (IPO) was fully subscribed by afternoon on the final day of the subscription, data from stock exchanges showed. Paytm IPO was subscribed 1.22 times by 1:45 pm, according data from the National Stock Exchange. Paytm received over 5.89 crore bids for 4.83 crore shares on the offer. A total of 1.05 crore bids were received at the cut off price.