By Paytm IPO GMP today, allotment, lot size, stock prices will be discussed here. ONE97 Communication, the Paytm Digital Business Paytm Payment Company, will launch RS 18,300 Crore Paytm Public Offering (IPO) on Monday, November 8, 2021, and a subscription will be accepted until Wednesday, 1021 November 2021.
Paytm IPO GMP Today
The IPO price range has been set at the RS 2,080-2,150 per share with a nominal value of RS 1. Sebi, market regulator, gave the corporation The Go-Light last week. The agreement intends to produce RS 18,300 Crore for digital payment giants. This business has pushed the number of his IPO from Rs 16,600 Crore to Rs 1,700 Crore, with an increase in the end because the existing owners sell additional shares.
IPO Market Lot for Paytm AMC (Final) – Minimum market lot for Paytm IPO in six stocks, with a minimum number of $ 12,900 applications. Retail investors can be valid for up to 15 lots 90 shares with a total application of $ 193,500.
Paytm Allotment Today
Paytm IPO will take place on November 8, 2021, and will conclude on November 10, 2021. The IPO can include on November 18, 2021, with 1521 allocated.
Disclaimer – Mention of Premium Market Gray IPO (Paytm IPO GMP) only applies to the date specified in the header. On the IPO Gray market, we don’t buy or sell IPO forms. The cost of IPAK is a profit obtained by selling IPO applications (in off-market transactions) to others before the problem is given or registered Don’t subscribe to IPOs based on premium prices because it can change at any time before the listing. Just evaluate the company’s fundamentals when subscribing.
- India’s most popular digital payment platform.
- With a brand value of US$6.3 billion, the company has a strong brand identity.
- With 333 million overall consumers, 114 million yearly transactional users, and 21 million registered merchants, the company has a large client base.
- Paytm Super-app allows you to use your phone to access a variety of digital payment services.
The Issue’s Objects
The net proceeds from the first public offering will be used for the following purposes:
- Increasing the size and strength of the Paytm ecosystem, including attracting and retaining customers and merchants and giving them more access to technology and financial services. – a total of 4,300 crores.
- Investing 2,000 crores in new business ventures, acquisitions, and strategic alliances.
- Corporate purposes in general
Paytm Lot Size
According to the latest news, the Paytm parent company has sold a 38 percent investment in Paytm IPO ONE97 communication to Alibaba and the ant group. In comparison, elevation capital has around 17.65 percent of Paytm, and Softbank has 18.37 percent.
According to Varun Sridhar, Paytm CEO, the IPO market was a surge in a few months ago. As a result, Paytm will provide an IPO directly to all customers and traders through the approved Upi Payment Bank Paytm initial public offering (IPO) will begin in September 202, and investors will access them after being available on the platform. This is useful for all individuals who want to invest but cannot do it because of various factors.