Paytm IPO Details
Vijay Shekhar Sharma’s vision has propelled One 97 communications Ltd into India’s leading digital payments
ecosystem. Paytm was launched in 2009, and is India’s largest digital payments platform for both consumers and
merchants. One 97 communications Ltd, has the unique distinction of being the first company of India to have
Berkshire Hathaway as investors, the legendary investment company founded by the equally legendary Warren
Buffett.
Strengths
- 333 million+ users and 21 million+ registered merchants
- India’s leading digital payments ecosystem with Paytm being the largest payments platform
- Most valuable payments brand with a estimated valuation of US$6.3 billion
Growth Strategy
- Rs. 2000 crore for acquisitions and strategic partnerships
- Acquire new customers and merchants
- Greater access to technology and more product offerings
Expectations
- Plans to raise upto Rs. 18,300 crore with a post IPO valuation of $19.3-19.9 billion
- Includes fresh issue of Rs.8,300 crore and OFS of Rs. 10,000 crore
Paytm IPO Dates
| Open Date |
8th Nov, 2021 |
| Close Date |
10th Nov, 2021 |
| Allotment Date |
15th Nov, 2021 |
| Initiation of Refunds |
16th Nov, 2021 |
| Credit of Shares to Demat Account |
17th Nov, 2021 |
| Listing Date |
18th Nov, 2021 |
Paytm IPO Price
| IPO Price Band |
Rs. 2,080 to Rs. 2,150 per share
|
| Minimum Investment Amount |
Rs. 12,900 |
| Maximum Investment Amount |
Rs. 1,93,500 |
| Face Value |
Rs.1 per equity share |
Paytm IPO Lot Size
| Minimum Lot Size |
1 (6 shares) |
| Maximum Lot Size |
15 (90 shares) |
Paytm IPO Subscription Breakup
| QIBs |
NA |
| Non-Institutional Investors |
NA |
| Retail Individual Investors |
NA |
Online Procedure to Apply For Paytm IPO
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Go to the IPO Section => IPO Listing => Open IPO.
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On tapping Paytm IPO, you can directly click on Subscribe to apply or even view the IPO details.
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On the Subscribe Screen/Page, you will be required to enter the number of lots, cut-off price, UPI ID and
tap Verify.
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Once you select ‘Subscribe’. Your bid will be executed.
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You can check the status of your IPO bid in the IPO Transactions section.
Click here to read the entire procedure to apply for the IPO
Apply for the Paytm with Choice FinX
