Paytm IPO

One 97 Communications Ltd IPO (Paytm IPO) Review

RedSeer believes to be India’s leading digital ecosystem for consumers and merchants. It offered payment services, ecommerce and cloud services, and financial services to 333 million clients and over 21 million merchants as of March 31, 2021. Its two-sided (consumer and merchant) ecosystem encourages commerce and provides access to financial services by leveraging technology to improve the lives of customers and support merchants in expanding their businesses.

Paytm was created in 2009 as a “mobile-first” digital payments network to facilitate cashless payments for Indians, allowing users to make purchases directly from their mobile phones. Started with bill payments and mobile top-ups as the first use cases, and Paytm Wallet as the very first Paytm Payment Method, it has grown to become India’s biggest payments platform in terms of customers, merchants, transactions, and revenue as of March 31, 2021. The “Paytm” brand is India’s most valuable payments brand, according to the Kantar Brand Z India 2020 Report, with a brand value of USD 6.3 billion.

Subscription Dates8 – 10 November 2021
Price BandINR2,080 – 2,150 per share
Fresh issueINR8,300 Crore
Offer For SaleINR10,000 Crore
Total IPO sizeINR18,300 Crore
Minimum bid (lot size)6 shares
Face Value INR1 per share
Retail Allocation10%
Listing OnNSE, BSE
FY2019FY2020FY2021
Revenue3,579.73,540.73,186.8
Expenses7,743.96,138.24,783.0
Net income(4,235.5)(2,943.3)(1,704.0)
Margin (%)(118.3)(83.1)(53.5)

Earnings Per Share (EPS): (INR28)
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): (26%)
Net Asset Value (NAV): INR108 per share

DatePaytm IPO GMPKostakSubject to Sauda
9 Nov 2021INR50INR150
8 Nov 2021INR100INR250
3 Nov 2021INR250
2 Nov 2021INR250
1 Nov 2021INR300
30 Oct 2021INR300
29 Oct 2021INR500

Listing Performance of One 97 Communications Ltd IPO (Paytm IPO)

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

One 97 Communications Ltd IPO (Paytm IPO)

NSE : NA

ISIN CODE : INE982J01020

BSE : NA

Angel One – Subscribe

Arihant Capital – Subscribe for listing gains

Ashika Research – Unrated

Axis capital – Unrated

Canara Bank Securities – Subscribe for long term

Choice Broking – Subscribe for long term

Elite Wealth – Listing gain

GEPL Capital – Subscribe

ICICIdirect – Unrated

KR Choksey – Subscribe for listing gains

Marwadi Financial Services – Avoid

Nirmal Bang – Neutral

Reliance Securities – Subscribe

Samco Securities – Subscribe with caution

SMC Global – 2/5

Ventura Securities – Subscribe

IPO Opening Date: 8 November 2021
IPO Closing Date: 10 November 2021
Finalisation of Basis of Allotment: 15 November 2021
Initiation of refunds: 16 November 2021
Transfer of shares to demat accounts: 17 November 2021
Listing Date: 18 November 2021
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: paytm.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

One97 Communications Limited
First Floor, Devika Tower, Nehru Place,
New Delhi 110 019, India
Phone: +91 11 2628 0280
Email: compliance.officer@paytm.com
Website: www.paytm.com

Category

Shares Offered

Day 1

Day 2

Day 3

QIB

2,63,94,231

0.29

  

NII

1,31,97,115

0.03

  

Retail

87,98,076

1.04

  

Total

4,83,89,422

0.36

  

One 97 Communications Ltd IPO (Paytm IPO) FAQ's

One 97 Communications Ltd IPO (Paytm IPO) is a main-board IPO of ₹[.] per equity shares of the face value of ₹1 aggregating up to ₹18,300.00 Crores. The issue is priced at ₹2080 to ₹2150 per equity share. The minimum order quantity is 6 Shares. The initial public offering (IPO) date Nov 8, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.

The One 97 Communications Ltd IPO (Paytm IPO) opening date is Nov 8, 2021 and closing date is Nov 10, 2021.

One 97 Communications Ltd IPO (Paytm IPO) Market lot size is 6 Shares and the minimum order quantity is 6 Shares.

One 97 Communications Ltd IPO (Paytm IPO) can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The Basis of Allotment for One 97 Communications Ltd IPO (Paytm IPO) will be done on Nov 15, 2021 and the allotted shares will be credited to your demat account by Nov 17, 2021. Check the One 97 Communications Ltd IPO (Paytm IPO) allotment status.

 

The One 97 Communications Ltd IPO (Paytm IPO) listing date is Nov 18, 2021.

One 97 Communications Ltd IPO (Paytm IPO) Comments