Paytm Share Price Today Live Paytm, which is owned by industry leaders SoftBank and AntGroup, raised $ 2.5 billion in an IPO. Paytm has provided shares worth RUR 8,235 crore to over 100 institutional investors, including the Singapore government, ahead of the largest public listing in the country.
More than 1.6 million Paytm shares have been traded between investors on the NSE. Paytm saw a boring response and only signed up 1.89 times by investors, far below other newly listed companies.
Paytm Share Price Today Live
According to experts, although Paytms has a considerable market share, its high valuation, sluggish investor response and asset loss are the catalysts for the economic downturn. The stock is quoted at Rs 1,955, which is 9% lower than the BSE’s issue price. Near the close, Paytm’s share price fell 20% to 1,564 rupees per share, down 27.26% from the IPO price of 2,150 rupees per share.
Paytms IPO of Rs 18,300 crore is the largest IPO ever undertaken by Dalal Street. Paytms, owned by One97 Communications, fell 27% on the day of its stock market debut. Paytm was quoted at a 9% discount to its IPO price on Thursday, disappointing IPO investors due to weak market sentiment. Paytm’s share price today at the latest live rate is Rs 2,900 per share and has been steadily rising due to many positive developments.
Thus, One97 Communications shares are in high demand, and their price regularly rises due to various positive developments. This resulted in Paytm’s share price on the informal market outperforming its competitors such as Mahindra & Mahindra and Godrej Consumer. According to the BSE website, Paytm’s market cap was RUR 83,517.10 at the time of this writing.
One97-owned Paytm lost more than 25% of its value on its first day of trading in one of the biggest tech company’s worst debuts and sparked a stock market boom that was considered one of the most hectic.
India’s largest digital payment provider lost almost a quarter of its value on its first day of trading, in opposition to the trend of stellar debuts for the country’s new century internet companies in public markets.
The shares of the current company One97 Communications Ltd. were quoted at a large discount to the IPO price as investors questioned the company’s valuation and its path to profitability.
The low payouts in equity markets continued on Monday as shares of its parent company One97 Communications fell more than 17% around 12 noon. Among the individual stocks, One97 Communications, parent of Paytm, a leading digital payments company, and Fino Payments Bank continued to trade under pressure, dropping 12% on the BSE intraday trading on Monday after a weak market debut. last week.
In broader markets, where the BSEs each fell 0.9%, GMR Infra, JSW Energy, Endurance Tech, Oil India and Jubilant Ingrevia lost the most. The swing was also quite negative, with 2,426 shares falling from 893 shares on the BSE.
The sharp equity correction caused half or four of the seven newly listed companies that debuted on the stock exchange in November to fall below their respective issuance prices. Paytms’ stock debut on Thursday was one of the worst recent IPOs for digital startups of the new century, including Zomato, Policybazaar and Nykaa. Paytms’ share price fell more than 40% in just two market sessions, compared to the IPO price of Rs 2,150. Analysts pointed to Paytms’ high ratings as the reason for the fall in the share price in its first trading session.
On the first day of the IPO, it fell to 80 rupees, and at the close of the issue on November 10 – 40 rupees. due to the low price. Abhay Doshi, co-founder of UnlistedArena, said Paytm is likely to be a debut flop despite the hype over India’s largest IPO ever. He also called Paytm a cash eater, keeping its price target at Rs 1,200, down 44%. Here, Paytm shares fell another 7.5% in early trading following the company’s monthly report.
JBM Auto rose to Rs 972 and 3.6% to Rs 923 amid plans to consider a stock split. One97 Communications Ltd made a weak market debut on Thursday and fell more than 27% from its issue price of Rs 2,150. The digital payments startup shares opened today with a bearish gap of Rs 51.80 per share and have continued to lose approximately 17% since the close of the listing date of Rs 1,560.80 per share on the NSE.
Shares of the groundbreaking Indian digital payments startup will be closely monitored by traders after shares fell 27% on its debut Thursday after a record initial public offering. Parent company Paytms One 97 Communications Ltd.
raised $ 2.5 billion in an IPO, the most for India, but its failed commercial debut drew criticism from the company and its investment bankers who went too far in their proposal. Founder and CEO Vijay Shekhar Sharma has consistently made it clear that he wants Paytm to break the long-standing IPO record set by Coal India Ltd. in 2010 year.
Paytm is a debt-free company as it received most of the money it needs to operate from Equity. As of 31.03.2021, the number of issued and ordinary shares of Paytm is 604,824.04. The holding period for other investors (including retail, HNI or corporate clients) is 6 months from the date of the IPO listing of the unlisted shares of Paytm One 97 Communication.
As such, you cannot sell the non-listed Paytm One 97 Communication shares that you acquired in the pre-IPO within 6 months of listing. However, if the company’s business is doing well and therefore demand will always be in the over-the-counter space, then even if the IPO does not take place, investors can easily liquidate their non-listed Paytm One 97 Communication shares on an unlisted market.
We will transfer funds to your bank account within 24 hours of receiving the Paytm One 97 Communication Unlisted Shares. You confirm that Paytm One 97 Communication Unlisted shares are reserved with us at the trading price.
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To trade on the spot market, deposit 20% of the initial margin of the trade value. Stockbrokers can accept securities as margin from clients only as collateral in g.f.
KYC is a one-time exercise when trading the securities markets – after KYC is performed through a SEBI registered intermediary (broker, DP, mutual fund, etc., To purchase One97 Communications (Paytm) or any other company stock, call at Dharawat Securities at 8108303330 If there is no funding in the company, let’s try to find activities similar to Paytm One 97 Communication Unlisted at the location shown and apply the comparison method to establish a valuation.
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Update on February 18, 2022 @ 2:13 pm