Paytm IPO GMP

‘It is raining IPOs’. If you think that we are exaggerating, then certainly we are not! The market is seeing a buzz of great IPOs and joining the Paytm IPO. It is therefore very important that we look at the Paytm IPO GMP because the trading decision also depends on that.  

It wouldn’t be wrong to say that the Paytm IPO has caught the attention of almost every investor since the very beginning and nonetheless, it is continuing in maintaining the same. 

Paytm is owned by One 97 Communications Ltd and by Vijay Shekhar Sharma. It is no doubt the fastest growing and also a leading digital space for merchants and consumers. 

The number of Paytm users that we see today, has enormously increased, be it a small vendor or a big merchant. The Paytm App was launched in 2009, which brought a revolution in digital payments. 

With an issue size of ₹18,300 crores, Paytm has become a company coming forward with possibly the largest IPO in the history of the stock market. 

The Paytm IPO will open from November 08, 2021- November 10, 2021, and will be listed on both the stock exchanges, that is, NSE and BSE. 

So, let us now look at the GMP of Paytm. 

Paytm IPO GMP Today 

The IPO Grey market premium is an essential aspect when it comes to IPOs in the stock market. The grey market premium of an IPO is basically dependent on the demand and supply and also the popularity of the IPO. 

But what is Grey market premium? It is the extra price that the investors are willing to pay other than the IPO price. Let us look at the GMP of Paytm IPO. 

 

GMP impacts the performance of an IPO to a large extent. If the GMP is positive, it is a high possibility that the listing price of the stock will also be positive. 

But what if the GMP is falling? It gives you a chance to speculate your decision of whether or not to invest in that particular IPO. 

Note- All the details will be updated regularly. 

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Paytm IPO Price

This is the GMP value of the IPO which the investors are ready to pay to buy Paytm shares in the grey market.

So let’s check what is the issue price and the price band of the public offerings.

 

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Paytm IPO Apply

Now that you know about the GMP of Paytm IPO GMP, it is also important to understand how to apply for the possibly largest IPO of India. 

Before applying for Paytm IPO, you need to have a demat account. You can easily open your demat account with whichever stockbroker you prefer. Once you have completed this process, you can easily apply for an IPO following the given steps through ASBA. 

• Open the trading platform of your stockbroker you have an account with. 
• Now click on the IPO section. 
• Select the IPO that you want to apply for, in this case, Paytm IPO. 
• Enter the number of lots. 
• Now enter the bid price. (you can place upto 3 bids)
• Select the payment method and click on submit. 

As soon as you submit the application, the particular amount is blocked in your account. If you get the allotment, the amount will be deducted and if not, then the amount will be refunded back to your account. 

Should you Invest In Paytm IPO? 

The question comes down to deciding whether or not one should invest in Paytm IPO. There are different takes of different investors. So what can be the deciding factors? 

You can look for the strengths, weaknesses, Paytm IPO price, and also the financial performance of the company. Some of the data is given in the table below. 

(All the values are in millions)

Going by the above data, a little fluctuation can be seen in the numbers from FY2020 to FY2021. If we look at the profit/loss, then it is an overall loss-making company. 

But on a closer look, we can see that the loss percentage has significantly gone down over the years.

The company is launching the IPO with the following objectives, 

• Strengthening their ecosystem. 
• Investment for their new business opportunities. 
• General corporate purposes. 

The company is looking to expand and strengthen its business which in the long run can turn out to be beneficial for the overall growth of the company. 

The shares of the company already trade in the unlisted market, and the price went as high as ₹2500 from ₹1000. This shows that the popularity and demand of the stocks are high. 

This factor increases the chance of the company shares listing high and also increases demand. 

You can easily analyze the above point and then make a strategic and wise decision. 

Open your Demat account today and apply for the IPO you want to. Happy trading!

In case you need any assistance whatsoever in applying to this IPO, just fill in your details here and we will call you back:

 

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