PayMate India files IPO papers with Sebi to raise ₹1,500 crore
Updated: 30 May 2022, 12:51 PM IST
TL;DR.The initial share-sale comprises fresh issue of equity shares worth ₹1,125 crore and Offer-for-sale (OFS) of ₹375 crore by promoters, investors and other shareholders, according to the draft red herring prospectus (DRHP).
Most sectoral indices ended in the red with BSE IT, Teck, Utilities and Power falling almost 2 percent each. REUTERS/Danish Siddiqui