Paytm IPO should you subscribe or not

One97 communications ltd IPO which is very famous in the world markets and in the Indian market under the Paytm brand name.

Paytm IPO Will Open on : 8th -November-2021

Paytm IPO Will close on : 10th November-2021

Allotment of shares date: 15-November-2021

Refund will be initiated on: 16-November-2021

Shares will be credit into Demat accounts on: 17-November-2021

Paytm IPO Listing date: 18-November-2021

Paytm IPO issue sized has increased 16,600 crore to 18,300 crore

Paytm Price band:  2080 rs  to 2150 rs

QIB Portion: 75% pf the offer, nearly 13,725cr

NIB Portion: 15% of the offer

Retail Portion for Paytm IPO: 10% of the offer, nearly 1830cr 

Paytm Issue size: 18,300 crore

Fresh Issue of equity shares:  up to 8,300cr

Offer for sale: up to 10,00 crore

Paytm Share will list on: BSE & NSE Exchanges

Book Running lead mangers:  ICICI Securities, JP Morgan, Citigroup Global markets, HDFC Bank

  Should you subscribe Paytm IPO for bumper listing gains?

Today we will Discuss Paytm IPO If Paytm is expecting to raise 18,300 cr from Indian market.  Paytm IPO has got approval from SEBI. Paytm is expected to list around the valuations of between $20 to $21 billion. This is going to be the biggest European launch of Indian. 

A question must be coming in the mind of all the investors whether investors should subscribe to Paytm's IPO or not? In today's article, we will tell in very brief that which Pitam's IPO should be subscribed.

Today's time believes in doing digital payments, Youngsters don't want to wait in the rows of banks to deposit money and get money. Everyone wants to transfer funds in one click through mobile application. And if someone also wants to get the funds deposited in their bank account, then Youngsters want to receive the payment online.

                                             

That's why a company like Paytm made a lot of profit in the Indian market and now it has made up its mind to rise more than166 billion in the Indian stock market through IPO, Paytm's IPO will come in the market by the end of October. The company had filed draft papers for its initial share sale with market regulator SEBI on 15 July 2021. Paytm IPO is coming up with the face value of 1 each share. Issue price for the Paytm yet to decide.

 According to the draft document, Paytm Company plans to raise funds worth more than Rs 83 billion through fresh equity, in addition to this Paytm Company is going to raise about Rs 10,000cr through OFS. According to the company, the money raised from the IPOs will be used for ecosystem and technology expansion. Out of which about 43 billion will be used to strengthen the Paytm ecosystem and the remaining amount will be used to acquire companies operating in the same sector. Paytm Company's focus will also be on financial services. The company is seeing a lot of growth in this. Paytm Company has said that it plans to set aside around 20 billion for business initiatives, acquisitions and strategic partnerships and up to 25% of the total funds raised through IPOs for other corporate purposes. Till March 2021 Paytm company has total assets nearly 92,000 million as compared with march 2019 total assets of nearly 88,000 millions. Patym Company   total revenues of March 2021 decreased & reached nearly 31,800 million as compared with March 2019 revenues of nearly 36,000 million. Company is expecting to reach in the profit in the company quarters.  Company has appointed Lead manager for this IPo’s big financial brand like HDFC Bank Limited, ICICI Securities Limited,  Axis Capital Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Pvt Ltd, Goldman Sachs (India) Securities Private Limited.

Recommendation on Paytm IPO: 

In view of the Paytm past performance and future growth prospects, the readers of our website would be advised to subscribe to Paytm IPO. Paytm's IPO can also be over subscribed, so even if an investor does not get an IPO allotment, then even after listing, one can invest in Paytm IPO for a long term. We are expecting bumper listing of Paytm IPO. 

Paytm IPO recommendation: Must Subscribe

Upcoming IPO's in Indian stock market in month of October to December 2021:

The Indian Stock Market has seen a huge rally since the last 18 months. From March 2020 till 2021 Sensex & Nifty are putting new life time highs. The IPO market is also making a lot of money to the investors in India. And the IPO market is also enjoying the Bull Run in the Indian stock market. In the last few months, all the companies in the chemical sector, technology sector, defence sector, hospitality sector have earned themselves money by launching IPOs in the market and also earned their shareholders a rudimentary return. If we talk about the listing of some bumper IPOs below, then Ami organics IPO, paras defence IPO, Nazara Technologies and many more such IPOs made a lot of money for the investors.

We would like to tell the readers of our website that from October 2021 to December 2021, more than 36 companies in the Indian stock market are ready to launch their IPOs in the market. And in the coming few days, we will also see Big Business Brands IPO like Adani Wimar, Nykaa IPO, Mobikwik etc  going on in the Indian stock market. According to the report, companies want to raise funds of more than 780 billion through the IPO market. After the Covid 19 Pandemic, Indian Stock Market & World Stock Markets have made a lot of money for the investors.  Sensex has reached a new record high. October to December months are likely to be the name of the IPO market.

Now we are looking at the IPOs of some Famous & Big Business Brands Coming in October 2021 and December Months which are likely to have bumper listings. 

Our Recommendation on Paras defence IPO:  Should you hold or sell Paras defence share after listing of IPO