One97 Communications Ltd, which operates Paytm, has set a price band of ₹2,080 to ₹2,150 for its initial public offering (IPO), at a valuation of $20 billion, the company said in a regulatory filing on Wednesday.
Almost 75% of the issue worth ₹13,725 crore is reserved for qualified institutional buyers (QIBs), with 10% of the issue worth ₹1,830 crore reserved for retail buyers, the BSE filing showed.
