Paytm IPO Date

Like children get curious about their birthdays, similarly, investors also get curious to know more about upcoming IPO. So, if everything remains good then not only you can pay through PayTM but also can invest in Paytm company as the company is going to issue its initial public offering soon. Let’s dive into this article to have complete knowledge regarding the PayTM IPO Date.

One97 communication backbone of PayTM has filed for getting registered in the stock market with an issue price of Rs. 18,300 crore. Raising Rs.8300 crore through the fresh issue and offer for sale of Rs.10,000 will be launched on  November 08, 2021.

Know more dates associated with the Paytm IPO.

Paytm IPO Date 2021

Traders always remain curious to know about the opening and closing date to apply for an IPO. Date plays an important role as this is the time when long-awaited IPO’s get registered with two main exchanges NSE and BSE. 

So if you are diving into the trading sector and thinking of investing in PayTM IPO, then this article will give you complete information regarding the various IPO dates.

Paytm IPO Issue Date

No wonder, the company has shown prominent growth in user engagement by offering multiple products and services, and hence many newbies and investors keep their eyes on the launch date of the IPO.

The most awaited IPO is hence coming on November 08, 2021 will remain open for subscription for three days till November 10, 2021.

 

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Paytm IPO Allotment Date

The next important date after applying for an IPO is to wait for an allotment of shares in your account. 

PayTM shares will be allotted by November 15, 2021 and if you are lucky enough then the shares get credit to your Demat account on November 17, 2021.

You can check the allotment of shares by clicking here. 

In case you don’t get the allotment the amount gets unblocked and refunded to you on November 16, 2021.

 

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PayTM IPO Listing Details

Once the PayTM IPO is registered with stock exchanges, NSE and BSE all the hustles will be derived off. As soon as IPO’s are listed in exchanges investors can trade easily in the stock market.

So here is the listing date. The Paytm IPO will be listed on November 18, 2021. 

Seems interested? So let’s get down to business and see how to apply for this highly popular IPO. 

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Paytm IPO Apply?

So now when you are aware that Paytm IPO will be opened from November 08, 2021, to November 10, 2021.  Let’s see what are the various ways to apply in this IPO. 

There are two ways to apply for PayTM IPO:

• Offline 
• Online

You can apply for the Paytm IPO through ASBA. As soon as you apply for the IPO, that certain amount is blocked in your account. 

If you get the allotment of shares then the amount gets deducted. But if shares are not allotted then the blocked amount is refunded. 

To apply for an IPO via ASBA, you need to have an e-banking portal or a trading app.

Log in to the app and then look for PayTM IPO from the list of given IPO’s. 

Further, add the number of shares and bidding amount you want to invest for this IPO. 

Another way of making a payment in this IPO is through the UPI mode of payment by blocking a certain amount for this IPO in your bank account. For an offline method, you can visit the nearest stockbroker. 

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Should you invest in the PayTM IPO?

Many investors remain in dilemma whether to apply for this IPO or not? For that one look for the following points:

1. Company background
2. Revenue
3. profit/loss statement

This blockchain has ANT Financial as the biggest shareholder holding 29.6% share followed by Softbank Vision Funds at around 19.6%.

If we keep eye on the financials of Paytm from FY 2019-2021. Net worth took a drastic change from 57,249 million in 2019 to 65,348 million in 2021.  And faced a revenue loss of 31,868 million in FY2021. 

PayTM is planning to step into the IPO sector in order to raise the profit and capital of the company. Also, to enhance the company’s exposure and improve the public image in terms of sales.

Overall, it’s a loss facing fintech, but as time is passing the loss percentage is also decreasing. PayTM is new in the market so we should not judge by comparing it with already established IPOs.

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If you are willing to invest in the IPO, then open a Demat account for FREE!

 

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