Paytm IPO GMP Today, Share Price, Date, and more
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Paytm IPO GMP Today, Share Price, Date, and more
It might surpass Coal India Ltd's Rs 15,000 crore IPO of 2010 which was the highest-ever IPO till date. Check Paytm IPO GMP Today, Date, Share Price, Valuation, and more insights.
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Paytm, under One97 Communications Ltd might be coming with its IPO this year (2021) in India. It is rumored to have appointed the law firm Khaitan & Co for this purpose as per Mint's report. If this becomes true then Paytm will be among other Tech IPOs such as Zomato, Mobikwik, Nazara, CarTrade, and PolicyBazaar. Moreover, it will surpass Coal India Ltd's Rs 15,000 crore IPO of 2010 which was the highest-ever IPO till date. This IPO's financials might be handled by Morgan Stanley, Citigroup Inc and JPMorgan Chase & Co. Let's check Paytm IPO GMP Today, Share Price, Date, and more.
Paytm is backed by giants such as Softbank, Alibaba and Berkshire Hathaway. It is into e-commerce space along with online payments expertise. Its peers include PhonePe, Google Pay, Mobikwik, Amazon Pay, and others. Paytm has around 20M+ merchant partners and its users encounter for nearly 1.4 billion transactions per month.
Related Read: Check the LIC IPO Launch Date, Share Price, GMP, Profile and more
The Paytm IPO date is rumoured to be somewhere around the 3rd week of November 2021 so it will be exciting to see how it performs amidst the festivities.
The Paytm IPO is estimated to be worth Rs 21,800 crores i.e. 3 billion dollars. Moreover, its valuation might be in between 25-30 billion dollars. The Paytm IPO Share Price can be around Rs 900-1000 per equity share.
Paytm is trading in the Grey Market very well with its unlisted shares. The GMP price of Paytm IPO today (2nd June 2021, 10:21 IST) is Rs 20,500-21,500 which is mind-boggling. Earlier it was at Rs 11,000-12,000.
Stay tuned for more updates.
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Already majority of the users moved out of paytm since there are no cashback and their paytm first service, Paytm banks are a failure. Now they wanted to burn investors money. What’s their USP?
Zerodha is there for stocks, mutual funds etc.. I will avoid it.
isme paisa lagana mtlab China mein paisa lagana
ipo details pehle to ipo king post kar deta he
Don’t subscribe for Paytm IPO
~70% stack holder in Paytm is China led Firm.
the unlisted value is 18k per share. So it has reached pre covid levels yet again
This will be listed below the IPO Price. Bigger IPO need investments from Big People (HNI) & Mutual Fund Houses. As per the current situation, this seems highly risky to me.
China aaya toh tha apni marzi se but hum jaane nahi dengey apni marzi se. 
They want to move out with this listing to public.
What’s their business? Shopping, payments almost dead. Payment bank is tiny business, their loyalty and etihcs questionable. Advise to stay away. I don’t see any future in its business. Paytm money budding stage, tough competition.
Mutual funds, brokers gets package to promote, dupe individuals. Be cautious. Stay away.
Paytm unlisted grey market share is currently booming at Rs. 11000-12000.
Also Paytm Payment Bank is now completely a different entity altogether. Rest paytm is showing losses since it started. I do not think it is a good idea.
Boycott this IPO… All money will be gone to china… Chinese investor will make moeny from this…
Equity IPO with 900 to 1000 Rs?? Have to take a look at their cash flow and statements with my finvasia account before coming to any conclusions.
Paytm is in huge losses. Never earned any profit.
Paytm survived mainly because of 2 reasons.
1) Demonitization
2) Flowing chinese money
Avoid IPO if it is asking a very premium valuation. Long term view not clear.
@bikidas2060 @MrKool_JJ