IPO Issue Details
Issue Price / Price Band₹2,150 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size6 Shares per Lot
Total Issue Size8,51,16,278 shares (aggregating up to ₹18,300.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 08 Nov 2021
Subscription CloseWed, 10 Nov 2021
Anchor AllotmentWed, 03 Nov 2021
Basis of AllotmentMon, 15 Nov 2021
Initiation of RefundsTue, 16 Nov 2021
Credit of Shares to DematWed, 17 Nov 2021
Listing DateThu, 18 Nov 2021
UPI Mandate Deadline2021-11-10
Application & Investment Details
Retail — Min (1 Lots)₹12,900 — 6 shares
Retail — Max (13 Lots)₹167,700 (13 Lots)
HNI — Min (16 Lots)₹2,06,400 — 96 shares
Pre-IPO Promoter Holding60,96,69,008 shares
Post-IPO Promoter Holding64,82,73,659 shares
Fresh Issue Shares3,86,04,651 shares (aggregating up to ₹8,300.00 Cr)
Offer for Sale Shares4,65,11,627 shares of ₹1 (aggregating up to ₹10,000.00 Cr)
About One 97 Communications Ltd.
Incorporated in 2000, One 97 Communications Ltd is India's leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services.In 2009, the company launched the first digital mobile payment platform, "Paytm App" to offer cashless payment services to customers and now, it became India's largest payment platform and the most valuable payments brand with a total brand value of US$6.3 billion as per Kantar BrandZ India 2020 Report. The app enables customers to do cashless transactions at stores, top-up mobile phones, online money transfers, pay bills, access digital banking services, purchase tickets, play games online, buy insurance, make investments, and more. However, merchants can use the platform for advertising, online payment solutions, offering products to customers, and loyalty solutions.Competitive strengthsIndia's leading digital payment service platform.Strong brand identity with a brand value of US$6.3 billion.Large customer base with 333 million total customers, 114 million annual transacting users, and 21 million registered merchants.Paytm Super-app to access a wide range of digital payment services over mobile phones.
Objects of the Issue
One 97 Communications Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Growing and strengthening our Paytm ecosystem, including through acquisition and retention of consumers and merchants and providing them with greater access to technology and financial services
4,300.00
2
2 Investing in new business initiatives, acquisitions and strategic partnerships
2,000.00
3
3 General corporate purposes
1,813.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
60,96,69,008 shares
Post-IPO Promoter Holding
64,82,73,659 shares
Lock-in Period (30%)December 15, 2021
Lock-in Period (50%)February 13, 2022