Share sale

Vijay Shekhar Sharma: $2.50B moved in 2021

Paytm raised ₹18,300 crore in what was then the largest initial public offering ever held in India.

The figure

  • Amount2,500,000,000 US dollars
  • CategoryShare sale
  • CorridorNoida, India → Mumbai, India
  • Distance1.1K km apart
  • Year reported2021
  • Documentation confidence94/100

What that amount buys

$2.50B is roughly 33 long-range private jets, 6.0K median-priced US homes, or 31.0K years of median US household income.

Vijay Shekhar Sharma is publicly known as founder, paytm. The arc drawn for this entry joins Noida and Mumbai because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

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