Paytm IPO will open from November 8 to November 10, at a price range of ₹2,080-₹2,150 per equity share. The lot size has been set at six shares.The company will list on the stock exchanges on November 18, 2021.Paytm intends to raise ₹8,300 crore from fresh issues and the rest ₹10,000 crore would be an offer for sale (OFS) from the existing stakeholders.China-based Alibaba Group is expected to make the most out of Paytm’s IPO. Its affiliate entities — ANT Group and Alibaba.com — will be selling shares worth ₹5,488 crore (about $733 million) cumulatively. This is nearly 30% of Paytm’s IPO size. Vijay Shekhar Sharma will be looking to sell shares worth ₹402 crore ($53 million) in Paytm IPO.Paytm, in its red herring prospectus (RHP), mentioned that it will use the proceeds from the IPO to grow and strengthen its ecosystem, which includes acquisition of consumers, merchants and strengthening its technology as well as financial services. Besides this, the fintech giant will also invest in new business initiatives, acquisitions and strategic partnerships.Besides this, the company will also be looking to further expand its international operations. The company has already marked its presence in Canada, Singapore, UAE, Malaysia, Tanzania, Uganda and Bangladesh. One 97 Communications largely has three montinisation engines running in its digital payments banner Paytm. These are — Payments, Commerce and Cloud Services, and Financial Services.Payments is currently the biggest source of revenue for Paytm as well as the biggest source of customers. Payment and Financial services contribute to almost 80% of the revenue. As per the company’s RHP, the company’s payments and financial services revenue alone stood at ₹689 crore for Q1FY22.Its lending vertical has started taking off as well, with 2.82 million loans disbursed in July to September 2022.One 97 Communications earned ₹3,186.8 crore in revenue in the financial year 2021, with loss touching ₹1,704 crore. The company spent ₹532 crore on marketing expenses and ₹1,916.8 crore as payment processing fees in the same time frame.Paytm, in April to July quarter of 2021, reported a revenue of ₹948 crore. Its loss was at ₹381.9 crore.