One97 Communications Limited (Paytm), an Indian provider of payment services, commerce and cloud and financial services, got listed on Indian stock exchanges on November 18, 2021, after a successful initial public offering (IPO) of equity shares amounting to INR 18,300 crore.
Trilegal advised Antfin (Netherlands) Holding B.V and Alibaba.com Singapore E-Commerce Private Limited, on their stake sale of equity shares as part of the IPO amounting to INR 54.9 billion.
The Trilegal team comprised Partners Rohan Ghosh Roy, Bhakta Patnaik and Richa Choudhary with other attorneys including, Anurag Shrivastav, Counsel; Maitreyee Kulkarni, Consultant; Vinit Patwari, Senior Associate; Pundrikaksh Mitruka, Chaitanya Deshpande and Suchisubhra Sarkar, Associates.
Other parties involved in the transaction were Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, Axis Capital Limited, ICICI Securities Limited, J.P. Morgan India Private Limited, Citigroup Global Markets India Private Limited, HDFC Bank Limited.
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