Paytm Buyback 2022 description – Incorporated in 2000, One 97 Communications Ltd is India’s leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services.
Revenue Mix FY 2022
Payments & Financial Services – 78%
Commerce & Cloud Services – 22%
Its GMV for FY 2022 stood at INR 8.5 Lakh Cr, as compared to INR 4.0 Lakh Cr in FY 2021. Paytm has a share of 13% in overall UPI payments and 50% share in the peer-to-merchant segment (P2M). The company’s services include Travel and Entertainment Ticketing, Mini App Store, Games and PayTm First subscription, Paytm Mall, and E-commerce.
Paytm Share Buyback 2022 Details
| Buyback Dates | 21 Dec 2022 – 13 Feb 2023 |
| Paytm Buyback Maximum Price | INR 810 per share |
| Market Price on Buyback Approval | INR 539.5 per share |
| Buyback Premium on Market Price | 50.14% |
| Buyback Offer Size (Minimum Shares) | 10,493,827 shares |
| Buyback Offer Size (Maximum Amount) | INR 850 crore |
| Offer Type | Open Market |
| Promoter Participation | No |
| Face Value | INR 1 per share |
| Listing At | BSE, NSE |
Buyback Closure Details
| Buyback Average Price | INR 545.93 per share |
| Buyback Offer Size (Shares) | 15,566,745 shares |
| Buyback Offer Size (Amount) | INR 849.84 crore |
Paytm Buyback Dates (Timeline)
| Board Meeting Intimation for Buyback Proposal | 8 December 2022 |
| Board Approval Date | 13 December 2022 |
| Public Announcement of Buyback | 15 December 2022 |
| Paytm Buyback Record Date | Not Applicable |
| Buyback Opening Date | 21 December 2022 |
| Buyback Closing Date | 13 February 2023 |
Paytm Buyback 2022 Documents and News
Completion of Buyback
Public Announcement
Board Approval
Upcoming Share Buyback
Paytm IPO GMP, Financial Performance
Paytm Share Buyback Entitlement Ratio
There is no shareholder entitlement since the buyback will be conducted through open market purchases.
Paytm’s Financial Performance (in INR crore)
| Â | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 3,579.7 | 3,540.7 | 3,186.8 | 3,892.4 |
| Expenses | 7,743.9 | 6,138.2 | 4,783.0 | 6,272.0 |
| Net income | (4,235.5) | (2,943.3) | (1,704.0) | (2,325.1) |
Registrar of Paytm Buyback 2022
Link Intime India Private Limited
Noble Heights, 1st floor,
NH-2, C-1 Block LSC,
Near Savitri Market,Janakpuri,
New Delhi-110058
Phone:Â +9101149411000
Email:Â [email protected]
Website:Â www.linkintime.co.in
Manager of Paytm Buyback 2022
Axis Capital Limited
1st floor, Axis House
C-2 Wadia International Centre,
P.B.Marg, Worli Mumbai-400025
Phone:Â +912243252183
Email:Â [email protected]
Website:Â www.axiscapitl.co.in
Process to Participate in Paytm Buyback
Buybacks are conducted either through open market or through a tender process.
Through Tender Process
All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stock broker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.
The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.
The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.
Through Open Market
Investor shareholders don’t have to do anything as the company purchases shares through the open market at the prevailing rates and cancels the shares. Since the shares in circulation are reduced by these operations, the fair value of the remaining shares increase, effectively making them more valuable.
Frequently Asked Questions
When does Paytm share buyback offer open?
Paytm share buyback opens on 21 December 2022 and closes on 13 February 2023.
Which type of buyback is Paytm buyback offer?
Paytm buyback is a open market offer..
What is Paytm buyback price?
Paytm buyback price is INR 810 per share.
What is Paytm buyback record date?
Paytm buyback record date is Not Applicable.
How to participate in Paytm buyback?
Paytm buyback will be conducted through open market purchases and thus, no special participation is required from investors.
