Paytm IPO description – The company is India’s leading digital ecosystem for consumers and merchants, according to RedSeer. It offers payment services, commerce and cloud services, and financial services to 333 million consumers and over 21 million merchants registered with it, as of March 31, 2021. It’s two-sided (consumer and merchant) ecosystem enables commerce, and provides access to financial services, by leveraging technology to improve the lives of the consumers and help the merchants grow their businesses.
Paytm was launched in 2009, as a “mobile-first” digital payments platform to enable cashless payments for Indians, giving them the power to make payments from their mobile phones. Starting with bill payments and mobile top-ups as the first use cases, and Paytm Wallet as the first Paytm Payment Instrument, it has built the largest payments platform in India based on the number of consumers, number of merchants, number of transactions and revenue as of March 31, 2021. As per the Kantar Brand Z India 2020 Report, the “Paytm” brand is India’s most valuable payments brand, with a brand value of USD 6.3 billion.
It has created a payments-led super-app, through which it offers the consumers innovative and intuitive digital products and services. It offers the consumers a wide selection of payment options on the Paytm app, which includes (i) Paytm Payment Instruments, which allow them to use digital wallets, sub-wallets, bank accounts, buy-now-pay-later and wealth management accounts and (ii) major third-party instruments, such as debit and credit cards and net banking.
On the app, it enables the consumers to transact at in-store merchants, pay their bills, make mobile top-ups, transfer money digitally, create and manage their Paytm Payment Instruments, check linked account balances, service city challans and municipal payments, buy travel and entertainment tickets, play games online, access digital banking services, borrow money, buy insurance, make investments and more.
It helps the merchants grow their business by giving them solutions that allow them to accept payments, acquire and retain consumers, improve their business operations and access financial services. Merchants can use in-store and online payment solutions to accept payments through Paytm Payment Instruments as well as major third-party payment methods. To help them acquire and retain customers, and create demand, it offers them services like selling tickets to customers, advertising, mini-app listings, channel and loyalty solutions. In addition to helping the merchant ecosystem facilitate more commerce, it also provides software and cloud services that allow large, medium and small merchants to improve their business operations and access important financial tools such as banking, wealth and credit facilities.
Promoters of Paytm – It is a professionally managed company and doesn’t have an identifiable promoter in terms of SEBI ICDR Regulations and the Companies Act. Consequently, there are no members forming part of the ‘promoter group’ in terms of the SEBI ICDR Regulations.
Paytm IPO details
| Subscription Dates | 8 – 10 November 2021 |
| Price Band | INR2,080 – 2,150 per share |
| Fresh issue | INR8,300 Crore |
| Offer For Sale | INR10,000 Crore |
| Total IPO size | INR18,300 Crore |
| Minimum bid (lot size) | 6 shares |
| Face Value | INR1 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Paytm‘s Financial Performance (in INR crore)
| FY2019 | FY2020 | FY2021 | |
| Revenue | 3,579.7 | 3,540.7 | 3,186.8 |
| Expenses | 7,743.9 | 6,138.2 | 4,783.0 |
| Net income | (4,235.5) | (2,943.3) | (1,704.0) |
| Margin (%) | (118.3) | (83.1) | (53.5) |
Paytm IPO News
Paytm IPO Valuation (as of FY2021)
Earnings Per Share (EPS): (INR28)
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): (26%)
Net Asset Value (NAV): INR108 per share
Paytm IPO GMP Daily Trend
| Date | Paytm IPO GMP | Kostak | Subject to Sauda |
| 17 Nov 2021 | -INR20 (evening update) | – | – |
| 16 Nov 2021 | INR30 | – | – |
| 15 Nov 2021 | INR30 | – | – |
| 13 Nov 2021 | INR50 | INR250 | – |
| 12 Nov 2021 | INR30 | INR200 | – |
| 11 Nov 2021 | INR50 | INR150 | – |
| 10 Nov 2021 | INR60 | INR150 | – |
| 9 Nov 2021 | INR50 | INR150 | – |
| 8 Nov 2021 | INR100 | INR250 | – |
| 3 Nov 2021 | – | INR250 | – |
| 2 Nov 2021 | – | INR250 | – |
| 1 Nov 2021 | – | INR300 | – |
| 30 Oct 2021 | – | INR300 | – |
| 29 Oct 2021 | – | INR500 | – |
Paytm IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 2,63,94,231 | 0.06 | 0.46 | 2.79 |
| NII | 1,31,97,115 | 0.02 | 0.05 | 0.24 |
| Retail | 87,98,076 | 0.78 | 1.23 | 1.66 |
| Total | 4,83,89,422 | 0.18 | 0.48 | 1.89 |
Paytm IPO Reviews – Subscribe or Avoid?
Angel One – Subscribe
Arihant Capital – Subscribe for listing gains
Ashika Research – Unrated
Axis capital – Unrated
Canara Bank Securities – Subscribe for long term
Choice Broking – Subscribe for long term
Elite Wealth – Listing gain
GEPL Capital – Subscribe
ICICIdirect – Unrated
KR Choksey – Subscribe for listing gains
Marwadi Financial Services – Avoid
Macquarie Research – Avoid
Nirmal Bang – Neutral
Reliance Securities – Subscribe
Samco Securities – Subscribe with caution
SMC Global – 2/5
Ventura Securities – Subscribe
Paytm IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in
One97 Communications IPO Contact Details
One97 Communications Limited
First Floor, Devika Tower, Nehru Place,
New Delhi 110 019, India
Phone: +91 11 2628 0280
Email: [email protected]
Website: www.paytm.com
Paytm IPO Allotment Status
Paytm IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
One97 Communications IPO Timetable
IPO Opening Date: 8 November 2021
IPO Closing Date: 10 November 2021
Finalisation of Basis of Allotment: 15 November 2021
Initiation of refunds: 16 November 2021
Transfer of shares to demat accounts: 17 November 2021
Listing Date: 18 November 2021
Opening Price on NSE: INR1,950 per share (down 9.30% from IPO price)
Closing Price on NSE: INR1,560 per share (down 27.44% from IPO price)
Paytm IPO FAQs
How many shares in Paytm IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in One97 Communications IPO?
The best way to apply in One97 Communications IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Paytm IPO GMP today?
Paytm IPO GMP today is -INR20 per share.
What is Paytm IPO kostak rate today?
Paytm IPO kostak rate today is NA per application.
What is Paytm Subject to Sauda rate rate today?
Paytm Subject to Sauda rate today is NA per application.
