Paytm IPO GMP - Latest Grey Market Premium Today, Open and closing dates
Today we will talk about that IPO which we all have been waiting for, whose name is Paytm IPO. We will learn about Paytm IPO- Paytm IPO GMP (Paytm IPO Grey Market Premium) , Kostak rates, and Subject to Sauda rates, Paytm IPO Review, Pros and Cons. We will update Gray Market Premium everyday. Paytm IPO date is yet to be announced. All information about Paytm IPO is given below.
Paytm IPO
Paytm IPO will open on 08 November 2021 and close on 10 November. The price band of Paytm IPO is ₹2080 to ₹2150. The grey market premium of Paytm IPO as of date is given below. The retail quota in Paytm IPO will be 10%. Paytm IPO will consist of 06 shares in one lot.
Paytm's parent company One97 Communications has received IPO approval by markets regulator SEBI (Securities and Exchange Board of India) to raise around Rs 18,300 crore through an initial public offering (IPO). According to RHP, the issue size of Paytm IPO will be 18,300 crores. Out of 18,300 crores, 8300 crores is a fresh issue and the rest (Approx ₹10,000) will be under OFS (Offer for Sale). In this IPO 50% Offer for sale is by Ant Financial (Ant Group).
Paytm IPO opening and other dates and price band are officially announced. Paytm IPO is one of the largest IPO with an issue size of ₹18,300 crores. Paytm is India's leading financial services company providing online payment, wallet, and financial solutions. Paytm is available on both offline merchants and online platforms for customers.
What is Paytm IPO GMP Today?
Paytm IPO GMP is ₹0 as of today.
What is Paytm IPO Price Band?
Paytm IPO Price Band is ₹2080 to ₹2150.
What is Paytm IPO Expected Returns?
Paytm IPO Expected Returns is 50%.
About Paytm
One97 Communications (which is the parent company of Paytm) was started in 2001 by Vijay Shekhar Sharma who is currently the CEO of the company. It used to provide mobile services like jokes, astrology, music, messaging, and other SMS-based applications for the customers. Then later he entered the mobile marketing space and started offering mobile content like news, ringtones, and cricket scores. According to the company website: Its investors include SoftBank, Berkshire Hathaway, Ant Financial, SAIF Partners, T Roe Price and Discovery Capital, AGH Holdings, among others.
Paytm was launched in 2009 as prepaid mobile recharge and DTH recharge services. Later they have added other services like Paytm Wallet semi-closed mobile wallet, Paytm Money, Paytm Mall, and Paytm First Gaming. Paytm provides all types of bill payment facility online ticket booking like movies, hotel booking, air travel, and other events. Paytm Merchant App and Paytm Business App are available for businesses and shopkeepers. Along with this, the company also has an online gaming platform named "Paytm First Game".
Paytm Money is an online stockbroking and investment platform backed by several investors such as SoftBank, Alibaba Group, Ant Financial operated by Alipay in China, SAIF, and Berkshire Hathaway. Presently Vijay Shekhar Sharma is the CEO and MD of the company.
In terms of global reach, Paytm partnered with SoftBank and Yahoo Japan and launched PayPay, leading digital payments and financial services company in Japan. PayPay currently has 38 million users, with transactions reaching 3.2 trillion yen in FY21.
If we look at India in terms of customers, merchants, transactions, and revenue, then it is the largest payment platform. One can guess its reach and brand from Paytm's popular slogan 'Paytm Karo'. Paytm has 333 million users and 21 million merchants. Products like Paytm Wallet, Postpaid, Online Ticket Booking, Banks, and FASTag help in connecting customers which is very useful for Paytm's ecosystem. Paytm offers merchants or shoppers the convenience of including QR or online payment gateways in their stores which are extremely convenient for both merchants and customers
Offers best travel solutions through Paytm Travel with instant ticket booking, flight booking, hotel booking, cab booking, etc. Paytm Money is a platform with the help of which one can invest in Equity, Gold, and Mutual Funds. Paytm Money offers zero brokerage charges and an investment facility without any hidden charges. Paytm Mall is an online shopping platform from where one can buy categories like fashion, tech-gadget, grocery, personal care, and home-care.
Paytm Official Website: PAYTM
Paytm DRHP: One 97 Communications Limited DRHP
Paytm RHP: PAYTM RHP
Purpose of the offer
- Through the IPO, Paytm will strengthen the ecosystem and improve customer and merchant acquisition.
- The remaining amount will be used for general corporate purposes.
Paytm GMP Today (Grey Market Premium)
Paytm IPO Date and Price Band Details
Paytm IPO opening date is 08 November 2021, Closing date is 10 November 2021, and Listing date is 18 November 2021. The price band of Paytm IPO is ₹2080 to ₹2150 per share. Paytm IPO issue size is Rs 18,300 crores, Where Rs 8,300 crore will be from fresh issues and the rest (approx ₹10,000 Crores) will be under Offer for Sale.
| IPO Open: | 08 November 2021 |
| IPO Close: | 10 November 2021 |
| Listing Date: | 18 November 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹18,300 Cr. |
| Fresh Issue: | Approx ₹8300 Crores |
| Offer For Sale: | Approx ₹10000 Crores |
| Price Band: | ₹2080 to ₹2150 per share |
| Face Value: | ₹1 per Equity share |
| PE: | N/A |
| Issue Type: | Book Built |
| Retail Portion: | 10% |
Paytm IPO Market Lot & Size
Paytm IPO minimum lot size is 06 shares with ₹12,900 application amount and maximum lot size is 90 shares with ₹193,500 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 06 Shares |
| Minimum Amount: | ₹12,900 |
| Maximum Lot: | 15 |
| Maximum Lot Size: | 90 Shares |
| Maximum Amount: | ₹193,500 |
Paytm IPO Allotment & Listing Date
| Ipo Opening Date: | 08 November 2021 |
| IPO Closing Date: | 10 November 2021 |
| Basis of Allotment: | 15 November 2021 |
| Refund Date: | 16 November 2021 |
| Credit to Demat Account: | 17 November 2021 |
| Listing Date: | 18 November 2021 |
Paytm IPO Review
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[ ! Note:- Not Rated Yet ]Updated Soon
Strength
- If we talk about the first strength of the company, then its user base is quite large. The company is also in the area of many large areas like online shopping platforms, online gaming platforms, online payment transfer, and other banking services and stockbroking. Due to the large user base, the company gets many opportunities for cross-selling.
- The wide variety of use cases and long market presence have helped them to build a good brand presence. Here you can also see the network effect of Paytm, which means that the more people use it, the more the user base will grow.
- Paytm is a brand that people trust and reach across the country, Paytm has a presence from a single village to major cities in India.
- Paytm's reach ranges from small to grocery stores to big merchants. These small shops and Kirana stores are the infrastructures of Indian consumption and payment.
- Paytm has a presence in the online market and offline market. Transactions can also be done through the company's website.
- The vast network is the biggest force of influence that can be harnessed by using its user base to keep growing and stay ahead of the competition.
- The company's business model is well-positioned to utilize its existing user base to develop content and increase referrals for further business growth.
weakness
- Coming to the first weakness, the company is still not profitable and probably won't be profitable for some time, as their expenses are expected to increase.
- The company has suffered a lot due to Covid-19.
- Paytm has a lot of competition in the traditional payment services space with big banks like HDFC Bank, ICICI Bank, etc., and other big NBFCs like Bajaj Finance.
- Also, Paytm Money is also facing stiff competition in online stockbroking by companies like Zerodha, Upstox, and Angel One. And the company may have to spend more to stay competitive in an area like this, which will increase their spending and delay profitability.
- The company operates in various sectors that reduce focus and restrict expertise, also increasing the risk of competition as they are players who have already established their niche.
- Competition is in almost every segment like EaseMyTrip and MakeMyTrip in B2C space, MovieTickets and BookMyShow in event tickets, and Flipkart, Myntra, and Amazon in e-commerce. So Paytm will have to face competition from all sides.
Paytm Financials
Paytm Financials (in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹8767 | ₹3580 | -4236 |
| 2020 | ₹10,303 | ₹3541 | -2943 |
| 2021 | ₹9151 | ₹3187 | -1704 |
Investors
Many investors have invested in Paytm such as :
- Ant Group
- SoftBank Vision Fund
- SAIF Partners
- AGH
- Berkshire Hathaway
Paytm IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: paytm.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Lead Managers
- ICICI Securities Limited
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Morgan Stanley India Company Private Limited
- J.P. Morgan India Private Limited
- Goldman Sachs (India) Securities Private Limited
FAQs About Paytm Ipo
What is the opening date of Paytm IPO?
Paytm IPO opening date is 08 November 2021.
What is Paytm IPO GMP Today?
Paytm IPO GMP is ₹0 as of today.
How much is Paytm IPO Kostak Rate Today?
Paytm IPO Kostak Rate is ₹0 as of today.
What is the Paytm IPO Closing date?
Paytm IPO Closing date is 10 November 2021.
What is the Paytm IPO allotment date?
Paytm IPO allotment date is 15 November 2021.
What is the Paytm IPO listing date?
Paytm IPO listing date is 18 November 2021.
What is the Paytm IPO Price band?
Paytm IPO price band is ₹2080 to ₹2150.
What is Paytm IPO Subject to Sauda Today?
Paytm IPO Subject to Sauda is ₹0 as of today.
What is Paytm IPO Expected Returns after Listing?
Paytm IPO Expected Returns is %.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Paytm IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a pc user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Paytm".
4. Then, Click on Bid Button.
5. Then, Enter your right UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
!Note:- Paytm IPO official details not yet announced. We will update you when the final details of the Paytm IPO are announced. As of today, the IPO Gray Market Premium (Paytm IPO GMP) has not started. You can visit our page for daily Paytm IPO grey market premium and updates.
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