One97 Communications Ltd., which operates brand Paytm, today filed its draft paper with the market regulator Securities and Exchange Board of India (SEBI) for its initial public offering of up to ₹16,600 crore ($2.2 billion). The IPO will include an issue of new shares worth ₹8,300 crore and an offer for sale (OFS) worth ₹8,300 crore.
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