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Paytm's valuation marked up by $41/share by T Rowe ahead of IPO
short by Hiral Goyal / on Wednesday, 1 September, 2021
Paytm's shares have been marked up by over 16% from their original acquired price by mutual funds managed by investment management firm T Rowe Price, Economic Times reported citing filings. Paytm's shares were priced at $295 apiece at the end of the June-quarter compared to the original $254. Paytm, last valued at $16 billion, has filed for a $2.2-billion IPO.