ludo supreme gold
online poker cheating software
2017 Mark Six Draw Record,5 points shishi lottery agents,a baccarat france,aiping live casino,apple real people happy fight niuniu,b slots promo code,baccarat cracking method,Baccarat layered 60-level betting method,Baccarat simulation game download,baijia yulehui,bbin boeing company,best football lottery app,betting ezhu forum,betting york,biwei e-sport side bet,boeing direct selling casino,breaking the lisboa casino fengshui,candy lianhuanduobao,candy party post it,cash hubo,casino entry fee,casino tr altyaz谋,changjiang online casino,china sports lottery and football lottery odds,country largest porn,cricket lane south yarmouth ma,crown international online betting,dafa gaming technique,dafa888 main page promo,dawanjia electronic gaming city,domestic soccer lottery software download,earn monet slot machine game,electronic games real money account opening,eshibo official url,European Cup football live tonight,fengyun international casino,Football betting odds comment,football lottery baoleng software,football lottery market shizhi,football lottery quiz football lottery,football lottery software ends at the latest,football tips today,fruit mario slot machine,fun88 help,galaxy coupon official website download ,galaxy entertainment yh,galaxy semiconductor electronic,gambling ship sign up recommendation,germany bowei energy platform,gold rush casino,golden sand online betting cannot withdraw ,gs electronic slot machine,haoyunlai electronic game,hg web,hongyun live casino,how to download the macau xinhaotiandi entertainment platform,how to withdraw for candy party ,i chess online,ipl quiz 2021 with answers,jackpot golden,jincaifeng give away fengguan,jixiang three kings jinhua software,kk entertainment sign up,latest soccer lottery big four european odds,letong slot machine entertainment web,lianhuanduobao independence end,lide gambling,lisboa duxia sure hit,live blackjack canada,live dealer stud web,lol silver coin betting,lottery number generator,lovebet 5 free spins,lovebet i want to register,lovebet tax india,lucky big turntable slot machine,macau aipin registration,macau elite club account opening,macau genting entertainment website,macau le8 official website sign up,macau online baccarat registration,macau star candy party,macau xinhao tiandi shuiwujian,market official website sign up,mingpai grab the banker niuniu description,mobile software purchase football lottery,nba basketball betting bar,new starworld macau,niuniu slot machine three cards,omaha entertainment official website,online casino fake money,online gambling cash account opening,online lisboa gambling,Online real gambling sites,online weide sign up,parimatch tips and tricks,point rummy games,poker tempo,pt slot machine 5 lines,qq digits give away bonus,r/footballtactics,real money poker account opening,real people oretty boyou,reliable wechat niuniu group,roulette whisky,rummy cube,run fast online to win real money,shaoxing lianhuanduobao,shuihu slot machine out dragon,sing it macau slot machine,slot machine fishing,slot machine picking up promo,slots 65,soccer lottery and side bet difference,soccer lottery optional 9 spinning software,some slot machine games,sports lottery centre soccer lottery quiz,sportsbook company fun,suncity entertainment 818su,teen patti pro,the chess empire,the venetian credit,three kings real money,top 5 league betting,united online casino,vns entertainment,wechat game bull fight,what is gambling three kings ghost hand,which betting companies are ranked overseas,winning of slot machine,wynn global withdrawal,xinhao card game customer service,yabo sports platform,yiqifa live casino,yuanhaiyugongyuan online,zibo real people haunted house
,Paytm IPO, biggest in India's corporate history, lists 9% below issue price
Paytm's Rs 18,300 cr IPO was the biggest in the country's corporate history
Paytm is the second largest fintech IPO of 2021 globally, after Spain-based Allfunds
Paytm allotted its shares at 2,150 apiece, valuing the company at Rs 1.39 lakh crore
One97 Communications, the parent of the digital payments giant Paytm, made its debut on the stock exchange today. Paytm shares started trading at Rs 1,955 on the BSE or 9 per cent lower than the issue price of Rs 2,150. On the NSE, Paytm shares listed at Rs 1950.
Paytm IPO, biggest in the country's corporate history, had priced its shares in a price band of Rs 2,080-2,150 per share, valuing the company at Rs 1.39 lakh crore at the upper end of the price band. With the Rs 18,300-crore share sale via the issue, Paytm IPO became the largest fintech IPO in the Asia Pacific region. It broke the record held by Coal India Limited that raised over Rs 15,000 crore.
Paytm IPO was also the second-largest fintech IPO of 2021 globally, after Spain-based Allfunds IPO. Overall, Paytm will be the fourth largest fintech stock debut, globally.
"Retail investors should remain cautious as the overall market is in profit booking zone pushing maximum stocks in downside territory. Paytm’s future growth is a key to watch for long term investors," Ravi Singh, Head of Research & Vice President, ShareIndia, said.
Manoj Dalmia, founder and director, Proficient equities private limited, said that the reason for weak listing is because the company is overvalued to global peers. 75 % of promoters are from other countries and are selling stakes by OFS. "The RBI most likely to bring policies for fintech in BNPL space. Monetization of UPI could trigger some game change which if free of cost currently," he said.
Paytm saw participation from blue chip investors like Blackrock, Canada Pension Plan Investment Board, GIC, ADIA, APG, City of New York, Texas Teachers Retirement, NPS Japan, University of Texas, NTUC Pension out of Singapore, University of Cambridge etc. Retail investors lapped up for 1.66 times the 87 lakh shares reserved for them.
Paytm IPO comprised a fresh issue of equity shares worth Rs 8,300 crore and an offer for sale (OFS) of shares worth up to Rs 10,000 crore. The OFS, or secondary share sale, consisted of the sale of shares worth up to Rs 402.65 crore by founder Vijay Shekhar Sharma. While 75 per cent of the offer was reserved for QIBs, 15 per cent was reserved for non-institutional investors and the remaining 10 per cent for retail investors.
Incorporated in 2000, One97 Communications is India's leading digital ecosystem for consumers and merchants. It offers a range of services to the users – payment services and financial services.