Paytm gets Sebi nod for mega Rs 16,600-cr IPO

Paytm received Sebi approval for a Rs 16,600-crore initial public offering on Friday.

Digital financial services firm Paytm has received market regulator Sebi's approval for its Rs 16,600 crore initial public offer, a source involved in the process said on Friday.

The company expects to hit the bourses by the end of this month and is planning to skip the pre-IPO share sale rounds to fast-track listing.