IPO of Paytm is live now: One 97 Communications Limited IPO Date, details, GMP.

IPO Updates 07 November 2021 7:39:PM

IPO_of_paytm_pply_with_GEPL_PRO IPO_of_paytm_pply_with_GEPL_PRO

India's leading digital ecosystem for consumers as well as merchants Paytm’s IPO is opening today. IPO of Paytm will be open for subscription from Nov 8th, 2021 to Nov 10th, 2021. The issue type of Paytm IPO is book-built issue IPO with the Rs.1 per equity share of face value. The IPO price of Paytm IPO is Rs.2080 to Rs.2150 per equity share with the market lot of 6 shares. 

The grey market premium (GMP) of Paytm, a digital payments and financial services company, is now trading in the Rs 125 to Rs 135 per share region. The price range for the first public offering (IPO) is Rs 2,080 to Rs 2,150 per equity share. The company is expected to be listed for Rs 2,285 per share under the current GMP.

Invest in IPO of Paytm in few easy clicks  Invest Now

Paytm Company Profile:- 

One97 Communications Limited (“Paytm”) was incorporated on December 22, 2000. The company is India’s leading digital ecosystem for consumers and merchants. Paytm offers ‘Payment Services’, ‘Commerce and Cloud Services’, and ‘Financial Services’ to 33.3 crore consumers and over 2.18 crore merchants registered with them, as of June 30, 2021. Their 2-sided (consumer and merchant) ecosystem enables commerce, and provides access to financial services, by leveraging technology to improve the lives of their consumers and help their merchants grow their businesses.

The company launched Paytm 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, they have 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.. 

They have created a payments-led super-app, through which they offer their consumers innovative and intuitive digital products and services. They offer their consumers a wide selection of payment options on the Paytm app, which includes:

  1. Paytm Payment Instruments, which allow them to use digital wallets, sub-wallets, bank accounts,buy-now-pay-later, and wealth management accounts.
  2. Major third-party instruments, such as Debit and Credit Cards and Net Banking.

Paytm is the only payments company in India that, together with its affiliates, owns each layer of the payment stack. It offers services such as Paytm Wallet, Paytm QR, Paytm Soundbox, Gold investments and Fixed Deposit, Paytm Postpaid, Merchant Cash Advance, and FASTag.

On their app, they enable their 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.

For Paytm IPO, UPI karo and in few easy steps application done.  Apply with UPI

The company is a professionally managed company and does not have an identifiable promoter.

Why one should apply for Paytm IPO 2021:- 

The deep insights of Indian consumers and merchants:-

  • Paytm has developed unparalleled insights into the way Indian consumers spend and save, and the way merchants operate their businesses. Each transaction on their ecosystem provides insights that help them improve personalization for their consumers and merchants which in turn improves consumer and merchant experience and the quality of their engagement on the ecosystem.

The product and technology DNA:

  • Their technology stack is built ground up and integrated across all aspects of their ecosystem which allows them to ensure that they are able to launch products and services quickly, build various features, offer integrated and synergistic products, ensure system stability, handle large scale and provide highest success rates. This significantly improves the experience of their consumers and merchants on their ecosystem. Paytm is the only payments company in India that, together with its affiliates, owns each layer of the payment stack. Paytm offer services such as Paytm Wallet, Paytm QR, Paytm Soundbox, Gold investments and Fixed Deposit, Paytm Postpaid, Merchant Cash Advance, and FASTag.

The network effect creates sustainable advantages for Company:

  • Paytm benefits from self-reinforcing network effects, which leads to low acquisition costs, higher monetization and lifetime value of consumers and merchants, and better economics across their offerings.

Deepen merchants’ partnerships and drive adoption of technology among the merchant base:

  • Paytm plans to continue to expand its merchant network, which is integral to its ecosystem, across cities and towns in India while also deepening its partnerships with existing merchants. They will continue to expand their payment services’ offerings for merchants and innovate to offer a wider selection of commerce and cloud services Paytm will continue to grow their consumer and merchant base, adhering to their mission which is to bring half a billion Indians into the mainstream economy. There is continued scope for expansion given the under-penetration of the various products and services Paytm offers. They endeavor to continue to increase the engagement and retention of their consumers and merchants on their ecosystem by offering them better products.

Paytm IPO Details:- 

IPO Opening Date 8th Nov 2021
IPO Closing Date  10th Nov 2021
Issue Type Book Built Issue type
Face Value Rs. 1 per equity share.
IPO Price Rs.2080 to Rs.2150 per Equity share.
Market Lot 6 shares
Minimum Order Quantity 6 shares

Listing At

BSE/NSE

Valuation & Recommendation

  • Leveraging the large scale, reach, and deep and high-frequency engagement by consumers and merchants on their payments platform, they have been able to add new payments offerings, as well as expand into commerce and cloud services and financial services. Each of their offerings increases the scope of their ecosystem for consumers and merchants, enhancing the value of their ecosystem. We recommend a subscribe rating to the issue for the purpose of listing gains but advise caution as at the upper end of the price band, Paytm is valued at 49.7x its FY21 revenues. Increased competition from new entrants could continue to keep profitability in control.

 
Invest in IPO of Paytm in few easy clicks  Invest Now

FAQs About IPO Of Paytm:- 

What are the dates for the IPO of Paytm? 

  • The Paytm IPO opens on 8th Nov 2021 and the issue will continue till 10th Nov 2021. 

How to apply for a Paytm IPO? 

  • You can click here and easily with a valid UPI your application process is done. 

What is the allotment date for Paytm IPO?

  • The allotment date for the IPO of Paytm is November 15th, 2021. 

When will the IPO of Paytm get listed? 

  • On November 18th the IPO of Paytm will get listed. 

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