Tag: SEBI

  • Paytm debacle brings tightened IPO valuation in India

    Paytm debacle brings tightened IPO valuation in India

    India has tightened scrutiny of IPO-bound firms by questioning how key internal business metrics are used to arrive at valuations, unsettling bankers and companies which fear delays in listing plans, sources with direct knowledge explained. India’s push comes after the flop listing of SoftBank-backed payments firm Paytm’s (PAYT.NS) $2.5 billion IPO in November which sparked…