Looking for Low Brokerage, High Margin & Free Tips?
Paytm IPO Price
| | IPO | No Comments
Paytm IPO
7.5
Pros
- Addresses Large Market Opportunities
- Builds Innovative Technology
- Expansion in Merchant Network
- Reduction in Losses
Cons
- Loss Making Company
- High Burn Rate
- Stretched Pre-IPO Valuation
Since the pandemic Paytm has been in the news as we all know it is trying to evolve in the space of the stock market. Not long ago we heard about Paytm today we are here talking about the PayTM IPO Price.
Paytm is all set to get the title of being the largest IPO and take the position of other IPOās with an Issue Price of Rs. 18,300 crores. It is going to be the biggest IPO in the industry with an objective to:
- Increase sales and growth of the company.
- Enhance the company’s exposure and improve public appearance.Ā
By this time you must be excited to apply for PayTM IPO, before that you must be aware of the PayTM IPO Date which is November 08, 2021 to November 10, 2021. This is the time when you should keep your funds ready for the investment to reap the maximum benefit out of it.Ā Ā
Let us quickly review the Paytm IPO Price so that you can make better decisions without making any effect on your hard-earned money.Ā
PayTM IPO Issue Price
For any IPO Issue Price plays a crucial role. There are other prices also that affect the sales associated with certain IPOs i.e. Fresh Issue and Offer For Sale.Ā
The issue price is basically the price at which new security will be allocated to the investors.Ā
The total issue price of the IPO is ā¹18,300 Cr of which the company is about to issue the fresh IPO of ā¹8,300Cr and the offer for sale of ā¹10,000 Cr.
| Paytm IPO Issue Price | |
| Issue Price | ā¹18,300 crores |
| Fresh Issue | ā¹8300 crores |
| Offer For Sale | ā¹10,000 crores |
The major shareholder of the company Ant Group is going to dilute most percent of its stakeholding in the company through OFS.
While other key contributors going to be part of the secondary issue of shares would be Alibaba, SoftBank, Elevation capital, and the Paytm founder Vijay Shekhar Sharma.
Paytm IPO Price Band
The price band is basically a limit set(upper and lower limit) in which investors can bid between that value price only. It’s important to acknowledge the price band as it reveals the willingness of investors to pay.Ā
The company sets a certain Price Band Within which biding is allowed. The price band is set for PayTM IPO is set at ā¹2080–ā¹2150 per share.
Paytm IPO Price Band Price BandĀ ā¹2080-ā¹2150 Number of Lots 15 Lot Size Minimum-6 shares Maximum-90 shares
Stay tuned. As soon as Price Band details get updated we will update it here!
Paytm IPO GMP
IPO GREY MARKET PREMIUM is the most important aspect of any IPO. It shows the popularity gained and tells whether IPO is capable of that value price or not. It is basically an additional charge paid by investors to get the allotment of that IPO.
The details of the Paytm IPO GMP is tabulated below:
| Paytm IPO GMP | ||
| Date | GMP (in INR) | Kostak (in INR) |
| (ā) 2021 | (ā) | (ā) |
| (ā) 2021 | (ā) | (ā) |
| (ā) 2021 | (ā) | (ā) |
| (ā) 2021 | (ā) | (ā) |
Paytm IPO Apply
After knowing the date and price of the IPO you must have gained interest to apply for this IPO, then all you need is to know a few basic steps, but before investors must have a valid Demat Account with any broker.Ā
After the opening of Demat Account next step is to apply for PayTM IPO through ASBA:
- Open the trading platform of your choiceĀ Ā
- Then, select the āIPO applicationā section.
- Select the PayTM IPO.Ā
- Enter the bidding price and size.Ā
- Select either UPI payment mode or net banking.Ā
- At last, click on the SUBMIT button.Ā
If shares get allocated then your amount will be deducted otherwise will be refunded on Ā [ā].
Should you invest in the PayTM IPO?
It is very important for you to go through every aspect before applying for PayTM IPO. you can consider the following points:
- Company background
- Financials
- Weakness and strength
- Valuation
| Paytm Company Information | |||
| Particulars | FY 2021 (in million) | FY2020 (in million) | FY2019 (in million) |
| Number of Subsidiaries | 11 | 8 | 2 |
| Equity Share capitalĀ | 605 | 604 | 575 |
| Net Worth | 65,348 | 81,052Ā | 57,249 |
| Total Assets | 91,513 | 103,031 | 87,668 |
| Total Income | 31,868 | 35,407Ā | 35,797Ā |
| Total Expenses | 47,830Ā | 61,382 | 77,439 |
| Profit After Tax | (17,010) | (29,424) | (42,309) |
Checking for the valuation of PayTM, went from $7 billion in 2015 to $16 billion in the year 2021. Overall it’s a loss-making company but its loss percentage has taken a sinking side from 42,309 million in FY 2019 to 17,010 million in FY2021.
Although the company has not recorded good growth in finances over the year, yet the investors are expecting much from these initial public offerings. This is generally because of the range of products and services, increased digitization, and the growing engagement of users towards the company services.Ā
Also, the company is looking ahead to use the raised fund towards growth by investing the part of its new businesses and to meet the general corporate purposes.Ā
Also, it is the fastest-growing digital platform for merchants and consumers in INDIA which can be a plus point for the IPO.Ā
So no doubt the IPO is opening a potential gateway of earning profit and wealth creation for investors, but at the same time, it is good to do your own analysis and invest safely.Ā
Want to invest in the IPO, open the Demat account for FREE!
More on IPO